Magnolia Bostad AB receives consent from bondholders to amend the terms and conditions and announces its intent to redeem certain existing bonds
The written procedures initiated through notices on 23 August 2021 (the “Written Procedures”) regarding certain amendments to the terms and conditions for Magnolia Bostad AB:s (the ”Company” or “Magnolia Bostad”) outstanding bond loan 2020/2024 with ISIN SE0014956454 and bond loan 2021/2025 with ISIN SE0015659636 (jointly the “WP-Bonds”) have today been completed. Quorum was reached and a requisite majority of the voting bondholders voted in favour of the Company’s requests under the Written Procedures. The bondholders of the WP-Bonds have therefore consented to the amendments. The