Impala Bondco Plc - Non-payment of interest under the up to SEK 500m bonds issued by Impala Bondco Plc with ISIN NO0011117145 and agreed standstill with a majority of bondholders
Nottingham, 19 January 2024 - On 19 January 2024, Impala Bondco Plc (the "Company") was scheduled to make a payment of interest under the up to SEK 500,000,000 senior secured floating rate bonds with ISIN NO0011117145 (the "Bonds"). The Company has on the date hereof not made the payments of interest resulting in the occurrence of an event of default under the terms and conditions of the Bonds (the "Non-Payment"). For this reason, standstill undertakings have been entered into by the Company and holders of the Bonds representing more than 50 per cent. of the outstanding nominal amount,