Ellos Group in agreement on new operational financing
Press release, Borås, 23 January 2024 Ellos Group (publ) ("Ellos Group" or the "Company") has agreed on a new operational financing with several of the Company's bondholders. They also represent a qualified majority of the nominal amount of the Company's existing outstanding senior secured bonds. The agreement has been reached after constructive discussions with the Company's lenders. As a step to refinance its existing revolving credit facility (the “RCF”), Ellos Group intends to issue Super Senior Secured Callable Fixed Rate Bonds (the “Super Senior Bond Issue”) of SEK 250,000,000