Bahamas 
Brazil 
BVI 
Canada 
Cayman Islands 
Curaçao 
USA 
Australia 
China 
Hong Kong 
India 
Japan 
New Zealand 
Singapore 
Belgium 
Cyprus 
Denmark 
Finland 
France 
Germany 
Greece 
Guernsey 
Ireland 
Italy 
Jersey 
Luxembourg 
Norway 
Spain 
Sweden 
Switzerland 
The Netherlands 
UAE 
UK Featured articles and media
Insights | Corporate Client Services
Voluntary carbon credits bolster green bonds
25 May 2023
Read >
Featured articles and media
Show all media for Private Capital & Hedge Fund Services >
Featured articles and media
Show all media for Capital Markets >
Featured articles and media
Show all media for Private Clients >
Featured events
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 >
Events | Virtual
State of the Market and Growing your Business – Setting up and Maintaining WFOEs in China
15 Nov 2022
Watch the recording >To holders of the up to SEK 200,000,000 bonds due 2019 with ISIN SE0011256296, NO0010823628 and SE0011256304 (the “Bonds”) issued by SBT Properties AB (publ) (the “Issuer”) on 29 May 2018.
We have been informed that the Issuer has failed to redeem the Bonds on 29 May 2020 which is the Final Redemption Date of the Bonds.
The failure to redeem the Bonds on its Final Redemption Date constitutes an Event of Default and the Issuer will not been able to remedy it within five Business Days of the due date. The Agent shall, within twenty Business Days of the date on which the Trustee received actual knowledge of that an Event of Default has occurred and is continuing, decide if the Bonds shall be accelerated. If the Agent decides not to accelerate the Bonds, the Agent shall promptly seek instructions form the bondholders in accordance with clause 16 of the Terms and Conditions (Decisions by Bondholders).
As the Issuer is currently working on a proposal to the Bondholders, the Agent has decided to temporarily not accelerate the bonds. If the Issuer fails to initiate a written procedure within short the Agent may initiate a written procedure where the Bondholders will be requested to decide on how to proceed, either with an enforcement of the relevant security or with bankruptcy proceedings.
Any request from Bondholders representing at least ten (10) per cent of the Adjusted Nominal Amount will be dealt by way of a Written Procedure.
Please also refer to the latest information from the Issuer.
If you have any questions, please do not hesitate to contact the Agent.
The Agent:
Intertrust (Sweden) AB
Beatrice Gustafsson
Email: [email protected]
Tel: +46 70 141 10 82
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 servicesPrivate 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 servicesCapital 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 servicesPrivate 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