OXE Marine AB (publ) initiates written procedure to amend and waive certain terms in its up to MSEK 200 bonds
OXE Marine AB (publ) (”OXE”) has today initiated a written procedure to amend and to waive certain terms in its up to MSEK 200 (or its equivalent in NOK and EUR) Senior Secured Callable Fixed Rate Bonds with ISIN SE0010831545, SE0010831594 and NO0010815442 (“Bond Terms”). The written procedure is initiated in preparation for the closing of OXE’s acquisition of Diesel Outboards’ and Outdoor Network Manufacturing’s US distribution and manufacturing business as press released by OXE on 22 December 2021 (“Transaction”).The purchase price of USD 10.8 million under the Transaction will be