CLOSE

Featured events

Events | Virtual

Bankruptcy and Restructuring: Navigating Distress in the Evolving Markets

22 Jun 2023

Learn more >

Events | Virtual

Private Funds Industry Live, Expanding Private Funds in Global Markets

10 Jan 2023

Watch the recording >

Events | Virtual

Private Funds Industry Live, Demystifying Private Capital Funds

6 Dec 2022

Watch the recording >
Show all events >
CLOSE

Information about distribution of proceeds – Koggbron Projekt AB (publ)

9 December 2022

To the Bondholders in Koggbron Projekt AB (publ)
ISIN:
SE0009696479
NO0010787617
NO0010787625

The bankruptcy in the subsidiary MI Andersson AB has been finalised and the bankruptcy lawyer Schjødt has paid out the proceeds from the sale of the Sanden and Järfälla properties to the banks and the paying agent for the senior bonds with ISIN as per above. The funds should arrive at the accounts during the coming days.

  • For the SEK bond 31.63 % of nominal amount will be paid out
  • For the NOK bond 31.25 % of nominal amount will be paid out
  • For the USD bond 30.45% of nominal amount will be paid out

The deviations are due currency variations and Swedish bankruptcy laws.

It is the ambition of the trustee to make additional payments to the Bondholders of approximately SEK 8,000,000 before the end of the year. This means approximately another 2 percent will be paid within short. These funds come from the sale of properties in Karlholm.

There are several properties left to be sold and you can follow the developments in Karlholm at https://karlholmstrand.se/ or on Facebook.

20221209 Koggbron Projekt information from the Trustee

Our services

Corporate Client Services

Operating internationally can be challenging. You need a partner who understands local rules, culture and customs and how they affect legal and regulatory requirements. That’s where we come in.

Can't find what you're looking for?

View all corporate client services

Private Capital & Hedge Funds Services

We differentiate our global leading fund services through our geographical spread, domain strength, technology offering and depth of services.

Can't find what you're looking for?

View all private capital & hedge fund services

Capital Markets

As capital markets evolve across the globe, you need a bespoke approach from a service provider with a genuine understanding of how markets are changing.

Can't find what you're looking for?

View all capital markets services

Private Clients

By understanding the importance of long-term relationships built around trust, we aim to truly understand your values. We’re your partner to help you protect, preserve and plan for the future.

Can't find what you're looking for?

View all private client services