News and Press releases

The combination of an average weather pattern, effects from last year’s restructuring and good underlying growth has manifested itself during 2016 in improved earnings.

On 13 June 2016 a summons to initiate a written procedure for the noteholders to consider a request to permit a debt reorganisation of the Polygon group was announced. 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.

Polygon AB (publ) will grant new security to the noteholders and the other secured parties over an intragroup loan as compensation for the security to be released in connection with the debt reorganisation of the Polygon group, if the waiver request to permit the debt reorganisation of the Polygon group is accepted by the noteholders and the other secured parties under the up to EUR 180,000,000 Senior Secured Floating Rate Notes 2014/2019.

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

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