Func Food Group Oyi – Confirmation from Bondholder Committee
27 June 2019 Reference is made to Func Food Group Oyj’s (the “Company”) press release made on 24 June 2019 in relation to the non-payment on the redemption date of its EUR 38,000,000 Senior Secured Callable Floating Rate Bonds 2015/2019 (the “Bonds”), the ongoing discussions with the Bondholder Committee (as defined below) on the possible amendments of the terms and conditions of the Bonds and the Company’s owners’ discussions pertaining to the future ownership structure of the Company (the “Restructuring”). A group representing bondholders holding around 65 per cent. of the Bonds (