Polygon request written procedure with the bondholders

Polygon AB (publ) has requested a written procedure with its bondholder and waivers under the up to EUR 180,000,000 Senior Secured Floating Rate Notes 2014/2019

Polygon AB (publ) has today requested Nordic Trustee & Agent AB (publ) (the “Agent”) to initiate a written procedure for the noteholders to consider a request to permit a debt reorganisation of the Polygon group. The purpose of the debt reorganisation is to strengthen the balance sheet of PolygonVatro GmbH (“PolygonVatro”) and to better reflect the revenue profile of the group on an entity-by-entity basis. In order to strengthen PolygonVatro, which is an important matter to the whole group, it is necessary to waive or otherwise transfer several intragroup loans over which security have been granted.

Following the request, the Agent has today sent out a notice of the written procedure to the noteholders with the request for waivers which is available in its entirety on our website www.polygongroup.com. Noteholders will find information regarding voting and relevant dates in the notice of the written procedure with the request for waivers. However, to be eligible to participate in the written procedure, a person must meet the criteria for being a noteholder on 21 June 2016. This means that the person must be registered on a securities account with the CSD, as a direct registered owner (Sw.direktregistrerad ägare) or nominee (Sw. förvaltare) with respect to one or several notes.

For further questions regarding the notice of the written procedure and waivers, please contact Mats Norberg at mats.norberg@polygongroup.com or +46 (0) 70 331 65 71 or Rolf Edman at rolf.edman@polygongroup.com or +46 (0) 70 626 63 08. For further questions to the Agent, regarding the administration of the written procedure, please contact the Agent at mail@nordictrustee.se or +46 8 783 79 00. The notice of the written procedure with the request for waiver is available in its entirety on our website www.polygongroup.com.

The information above has been published pursuant to the Swedish Securities Markets Act (Sw. lag om värdepappersmarknaden) and/or Swedish Financial Instruments Trading Act (Sw. lagen om handel med finansiella instrument).

This information was released for publication at 23.00 CET on 13 June 2016.

To the noteholders with the request for waivers (pdf)