Article
ABG Sundal Collier acted as joint financial advisor to Kvalitena in connection with the amendment of its outstanding senior unsecured bonds
Transactions
On 3 November 2022, Kvalitena AB (publ) (“Kvalitena” or the “Company”) announced a notice of a written procedure for its SEK 800 million senior unsecured bonds. The purpose of the written procedure was for the bondholders to grant consent to certain amendments to the terms and conditions of the bonds. The overall objective of the amendment was to extend the bonds final redemption date in order to improve refinancing conditions for Kvalitena in a less challenging market. On 22 November 2022, Kvalitena received approval from its bondholders to amend the terms of its outstanding bonds and extend the maturity to 31 March 2024.