Bondholders have approved proposed to amend restructuring schedule
Cherry AB (publ) – STO: CHER-B.ST – has, as announced on 26 March 2018, instructed Nordic Trustee to initiate a written procedure aimed at extending the schedule allowing Cherry to amend the restructuring of its legal structure, until 30 September 2018. Holders of bonds totaling a nominal amount of about EUR 148.5 million, corresponding to approximately 82.5 percent, have approved the amended schedule.On 22 December 2017, Cherry instructed Nordic Trustee, the agent for Cherry’s outstanding bond loan of EUR 179,877,500, with ISIN SE0008321616, to implement a written procedure aimed at inter