YrkesAkademin initiates a written procedure under its outstanding bond loan and discloses certain estimates of the group’s financial development
As previously announced on 13 September 2022, YA Holding AB (publ) (“YA” or the “Company”) has reached an agreement with a majority of the bondholders under the Company’s senior secured social sustainability-linked bonds in an amount of SEK 480 million within a framework of SEK 650 million with ISIN SE0016831150 (the “Bonds”) regarding certain amendments to terms and conditions of the Bonds (the “Terms and Conditions”) for the purpose of improving the Company’s strained liquidity situation. The key amendments of the Terms and Conditions as agreed with a majority of the bondholders are set