Clarification of the treatment of bondholders under the proposed composition plan
In the proposed composition plan presented on the 9 September 2015 by PA Resources AB (“the company”) and the administrator, lawyer Lars Söderqvist, the company’s creditors have been split into different groups with regards to repayment. What follows below is a clarification of how the holders of the SEK- and NOK-bonds will be treated under the proposal. The full Reorganisation Plan is available on the company website at www.paresources.se. The holders of the SEK- and NOK-bonds are treated collectively and are included in the group of creditors which have agreed to accept repayment over