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Guernsey CorpNordic is appointed as agent for the bondholders of the up to SEK 500,000,000, bonds issued by RusForest AB (publ) originally with 11% fixed interest and final maturity in 2014 but amended earlier this year in connection with a debt-to-equity swap (ISIN SE0003945385).
The bondholders have in a written procedure originally with last reply date on 1 August 2013 after an extension to 8 August 2013 unanimously approved the proposal by the company to amend the terms and conditions and remove clause 10 of the terms and conditions containing special undertakings and restrictive covenants.
The new terms and conditions as amended can be downloaded from the agent’s web page www.corpnordic.com. A mark-up showing the changes between the previous version of the terms and conditions and the new version as amended in the written procedure can be obtained on request from the agent.
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