Bondholders approve proposed amendments to Bond terms and Intercreditor Agreement
Press release, Borås 9 February 2024 Ellos Group AB (publ) (“Ellos Group” or the “Company”) announces today that the written procedure initiated on 23 January 2024 has been successfully completed. A sufficient majority of the bondholders have approved the proposals made by Ellos Group in the written procedure in relation to the Company’s outstanding SEK 1,500,000,000 Senior Secured Callable Floating Rate Bonds (the “Bonds” and the holders of such Bonds, the “Bondholders”) and the intercreditor agreement dated 26 November 2019 entered into in connection with the issuance of the Bonds (the