Volati’s subsidiary Akademibokhandeln will offer to purchase its bonds which will simplify Volati’s capital structure
Akademibokhandeln, a subsidiary of Volati, has announced that it will offer to purchase its outstanding SEK 500 million bonds with ISIN SE0009690084 due 2021 in a tender offer. Akademibokhandeln has also announced that it is soliciting consent from holders of the bonds to amend certain terms and conditions of the bonds which would enable an early redemption in December of all remaining outstanding bonds. The purchase and early redemption of Akademibokhandeln’s bonds would simplify Volati’s capital structure to better support its strategic objectives. In its financial report for the third