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

Notice of Written Procedure for senior secured bonds issued by Hancap AB (publ)

13 March 2019

Intertrust (Sweden) AB (the “Trustee”) acting in its capacity as trustee for the bondholders under the terms and conditions for the bonds, has at the request of the Issuer on 13 March 2019 initiated a written procedure by which bondholders can approve or reject a proposal from the Issuer.

The Issuer has today announced by way of a press release a restructuring plan which involves certain amendments and waivers to the terms and conditions. The request consists of four separate parts, which are resolved upon by the Bondholders as one single resolution. The first part relates to a partial redemption of Bonds against payment by way of issuing preference shares (Class D) in the Issuer, to be effective upon certain conditions specified in the notice occuring. The second part relates to a permanent amendment to the Terms and Conditions, also effective subject to certain conditions specified in the notice occurring. The third part relates to an interim waiver of the interest payment to be made on the Interest Payment date falling on 11 April 2019 and any default outstanding under the Terms and Conditions. The fourth part consists of authorization to the Agent and JOOL Markets AS to enable the request. 

Voting forms must be received by the Trustee no later than 12:00 CET on 1 April 2019.

Please find the full notice here and the press release from the Issuer here.

Fur further information, please contact:

Intertrust (Sweden) AB

Contact: Kristofer Nivenius

Phone: +46 70 688 19 10

Mail: [email protected]

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