ABG Sundal Collier acted as sole financial advisor to Legres AB (publ) in connection with the amendment of the outstanding senior secured bonds and the issuance of new subordinated bonds

On 27 May 2022, Legres AB (publ) (“Legres” or the “Company”) announced a notice of a written procedure for its SEK 440 million senior secured 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 amendments proposed was to postpone the bonds final redemption date by one year, to July 2023, in order to improve refinancing conditions for Legres in a less challenging market. In connection with the written procedure, the Company announced an exchange offer pursuant to which bondholders were offered to exchange existing bonds for new subordinated bonds. Total volume of the subordinated bonds amount to SEK 40 million.