16 October 2020
To holders of the up to SEK 50,000,000 secured bonds with ISIN SE0014583514 (the “Bonds”) issued by Wood & Hill Summit-3 AB (the “Issuer”).
Intertrust (Sweden) AB (the “Agent”) acting in its capacity as agent for the bondholders under the terms and conditions for the Bonds, has at the request of the Issuer on 16 October 2020 initiated a written procedure by which bondholders can approve or reject a proposal from the Issuer.
The Issuer asks the bondholders to approve certain amendments to the terms and conditions (the “Request”). For further details of the Request and the background and rationale relating thereto, please see the full notice which can be downloaded as per below.
Notice of written procedure – Wood & Hill Summit-3 AB
Pursuant to the terms and conditions, a quorum in respect of the written procedure will only exist if bondholders representing at least twenty (20) per cent of the adjusted nominal amount reply to the Request. Pursuant to the terms and conditions, at least two thirds (2/3) per cent. of the adjusted nominal amount for which bondholders reply in the written procedure must consent to the Request in order for it to be approved.
The Agent must have received the votes no later than by 12.00 (CEST) on 4 November 2020.
For further information, please contact:
Intertrust (Sweden) AB
Contact: Mia Fogelberg
Phone: +46 73 314 15 29
Mail: trustee@intertrustgroup.com