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 the EUR 150,000,000 senior secured bonds (ISIN SE0012454940) (the “Bonds”) issued by DDM Debt AB (the “Issuer”)

19 February 2020

Intertrust (Sweden) AB (the “Agent”) acting in its capacity as agent for the bondholders under the terms and conditions for the Bonds, has at the request of the Issuer on 19 February 2020 initiated a written procedure by which bondholders can approve or reject a proposal from the Issuer.

The Issuer asks the bondholders to approve that certain amendments are made to the terms and conditions of the Bonds, as specified in the notice of the written procedure (the “Request“). For further details of the Request and the background and rationale relating thereto, please see the full notice which can be downloaded as per below.

 

Notice of written procedure

  

In order for the Request to be approved in the written procedure a quorum of at least twenty (20) per cent. of the adjusted nominal amount must be reached and a majority of at least fifty (50) per cent. of the adjusted nominal amount for which bondholders reply in the written procedure must vote in favour of the Request. If the Request is approved by the Bondholders, a consent fee amounting to EUR 250 per Bond will be paid by the Issuer to the eligible bondholders.

 

The Agent must have received the votes no later than by 17.00 (CET) on 16 March 2020.

 

For further information, please contact:

Intertrust (Sweden) AB

Contact: Mia Fogelberg

Phone: +46 73 314 15 29

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