Triton Fund III to divest entire holding in Polygon
The majority owner of Polygon group, Triton Fund III, has signed an agreement to sell its investment in the Polygon group (the “Transaction”).The completion of the Transaction will trigger a change of control under the terms and conditions of the Swedish law governed EUR 250,000,000 senior secured fixed rate notes issued by Polygon AB (publ) (the “Company”), entitling the note holders to – following completion of the Transaction – request that all or some of the notes are repurchased at price per note of 101 per cent. of the nominal amount together with accrued but unpaid interest. As