Skip to main content

Notice of written procedure for senior secured callable fixed rate bonds issued by Prime Living Campus Stockholm AB (publ) (the “Issuer”)

24 October 2019

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 24 October 2019 initiated a written procedure by which bondholders can approve or reject a proposal from the Issuer.

The Issuer asks the bondholders to approve certain waivers and 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.

Pursuant to the terms and conditions, a quorum in respect of the written procedure will only exist if  bondholders representing at least fifty (50) per cent of the adjusted nominal amount reply to the Request. Pursuant to the terms and conditions, at least three quarters (3/4) 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 17.00 (CET) on 12 November 2019.

Fur further information, please contact:

Intertrust (Sweden) AB

Contact: Beatrice Gustafsson

Phone: +46 70 141 10 82

Mail: trustee@intertrustgroup.com

Latest Insights & Events