Func Food Group Oyj – Non-payment of accrued bond interest
Func Food Group Oyj (the “Company”) has issued senior secured callable bonds in the nominal amount of up to EUR 50,000,000 with ISIN SE0007186150 under the terms and conditions originally dated 25 June 2015 (as amended from time to time) (the “Terms and Conditions”). Pursuant to the Terms and Conditions, the Company is obliged to pay on 26 March 2019 the interest accrued on the bonds for the preceding interest period. However, the board of directors of the Company has today resolved that such payment cannot and will not be made on such due date. The Company intends to continue business