Swedish Stirling obtains conversion undertakings of MSEK 50 from KV4 convertible bond holders
Swedish Stirling AB (publ) (“Swedish Stirling” or the “Company”) has obtained irrevocable undertakings from holders of convertible bonds 2020/2025 (“KV4”) regarding conversion into ordinary shares of MSEK 50 of the loan amount, consent to the proposed amendments of the terms and conditions of KV4 and lock-up on shares that result from conversion.Swedish Stirling has reached an agreement with all holders of KV4 according to which the Company has received irrevocable undertakings from the convertible bond holders to convert 50 per cent of the total outstanding loan amount under KV4,