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 >

Notice to bondholders in Hancap AB (publ) (super senior)

27 November 2020

To holders of the up to SEK 200,000,000 bonds with ISIN SE0012481307, NO0010849193 and NO0010849201 (the “Bonds”) issued by Hancap AB (publ) (the “Issuer”) on 30 April 2019.

Reference is made to the notice of Event of Default which was sent by the Trustee on 30 October 2020 in regards of the failure to redeem the bonds on the Final Maturity Date. The Trustee has been in contact with the representatives of the Issuer who are currently working on an offer to the Bondholders.

As the Issuer is currently working on an offer to the Bondholders, the Trustee has decided to temporarily not accelerate the bonds. If the Issuer fails to initiate a written procedure within short the Trustee 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.

As previously communicated the Trustee 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 Trustee decides not to accelerate the Bonds, the Trustee shall promptly seek instructions form the bondholders.

The period of twenty Business Days has passed, and the Bondholders may therefore instruct the Trustee to proceed with an enforcement or 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.

If you have any questions, please do not hesitate to contact the Trustee.

The Trustee:                                                                                     

Intertrust (Sweden) AB
Beatrice Gustafsson
Email: [email protected] 
Tel: +46 70 141 10 82                                                         

For questions in regards of Hancap AB (publ) or questions relating to the progress of the offer, please contact Hancap AB (publ), Per Helander (main owner), [email protected] or +33 643 91 93 36.

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