20 March 2020
Reference is made to the SEK denominated tranche of the terms and conditions for the up to SEK 65,000,000 senior secured fixed rate bonds (the “Bonds“) issued by Hultqvist Alfa AB (publ) on 31 January 2018 in accordance with the terms and conditions for the Bonds (the “Terms and Conditions“).
As communicated 13 March the amortisation of the SEK tranche was delayed and today 20 March approximately 67% of the amortisation has been done. The Issuer is working to solve this issue asap and repay the last part of the bond together with default interest. The reason for the delay are administrative problems with the buyers bank and increased decision times due to Corona effects with everyone working from various home. The Issuer will come back with additional information early next week.
If you have any questions do not hesitate to contact the Issuer or Agent.
For further information, please contact the Agent or the Issuer.
Intertrust (Sweden) AB
Beatrice Gustafsson
Phone: +46 70 141 10 82
Email: trustee@intertrustgroup.com
Hultqvist Alfa AB (publ)
Jan-Erik Hultqvist
Phone: +46 70 749 19 72
Email: hultqvist@live.se