Request was approved according to the voting requirements

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.

The time for reply in the written procedure expired on 29 June 2016 at 12:00 (CET).

Today, 29 June 2016, the agent Nordic Trustee & Agency AB (publ) (the “Agent”) has confirmed that a sufficient number of votes have been obtained to form a quorum and that the proposed resolution obtained 84,80% of the votes, and that the request was approved according to the voting requirements of the term and conditions of the notes.

For further questions, 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.

To the noteholders in: 
ISIN: SE 000 5878535 – Polygon AB (publ) Maximum EUR 180,000,000 Senior Secured Floating Rate Notes 2014/2019

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 19.00 CET on 29 June 2016.

Approved request according to the voting requirements (pdf)

Related news