15 November 2024
To the holders of the secured floating rate bonds with ISIN: SE0019175068 (SEK) and SE0019175266 (EUR) (the “Bonds”) issued by Recap Green Bond I AB (publ) (the “Issuer”) on 22 December 2022.
Reference is made to the Bonds issued by the Issuer on 22 December 2022 and the terms and conditions governing the Bonds originally dated on 21 December 2022 (the “Terms and Conditions”). All capitalized terms used herein and not otherwise defined in this notice shall have the meanings assigned to them in the Terms and Conditions.
At the request of the Issuer, the Agent hereby initiates a Written Procedure, whereby the Bondholders can approve or reject a proposal from the Issuer regarding (i) certain amendments to the Terms and Conditions and to a certain Security Document, (ii) a request for waivers of certain Events of Default that has occurred and is continuing, and (iii) the acceptance of a debt to equity swap whereby part of the Nominal Amount under the issued Bonds as well as Interest having accrued up until a specific date would be converted into equity in the Issuer.
Please find attached the full notice and proposal from the Issuer.
Record date for voting: 14 November 2024
Last day to vote: 12.00 CET on 4 December 2024
For further questions please see below.
To the Issuer:
Recap Green Bond I AB (publ), Marco Berggren, marco.berggren@recap.se, + 46 70 726 74 55
To the Agent:
CSC (Sweden) AB (formerly Intertrust (Sweden) AB), trustee@intertrustgroup.com, + 46 8 402 72 00