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UK CHR Bygga Bostäder Holding AB (publ) (the “Company”) has entered into a term sheet (the “Term Sheet”) for a contemplated restructuring of the outstanding bonds in the Company’s Senior Secured Floating Rate Bonds with ISIN SE0010023770 (the “Bonds”) and a company reorganisation of the Company’s subsidiary CHR Bygga Bostäder Entreprenad AB (“Entreprenad”) with a view to restore the equity in the Company and Entreprenad and avoid a situation where Entreprenad must be declared bankrupt due to insolvency.
The full press release from CHR Bygga Bostäder Holding AB (Publ) can be found here.
Intertrust is not a part of the Term Sheet agreement.
For further information, please contact:
Bertil Rydevik, CEO
Telephone: +4676 314 59 85
Email: [email protected]
Johannes Bertorp, Restructuring Team and representing the Term Sheet Bondholders
Telephone: +4670 188 00 00
Email: [email protected]
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