Esmaeilzadeh Holding announces intention to become debt free during 2024 and initiates a written procedure to amend the terms and conditions of its bond
Esmaeilzadeh Holding AB (publ) (“EHAB” or the “Company”) today announces its intention to become debt free during 2024. EHAB is currently exploring several initiatives for the purpose of realising values in its portfolio to repay its outstanding bond loan. EHAB has initiated a so-called written procedure to amend the terms and conditions of the bond loan, which would allow EHAB to adequately evaluate and pursue ongoing initiatives. Due to the recent macroeconomic development which has caused significant change in capital markets conditions, including increasing cost of debt, EHAB today