Trigon Agri A/S: Update on debt to equity swap to its bondholders
As communicated in the 23 March 2016 announcement “EUR 1.5 million released to Trigon Agri A/S – Conditional upon a partial debt to equity swap to its bondholders”, Trigon Agri A/S (“Trigon”) has entered into an agreement with a committee of holders (the “Holders’ Committee”) under its SEK 350,000,000 11% bonds with ISIN SE0004019008 (the “Bond Loan”). As is set out in the announcement, Trigon is obliged to repay EUR 1.5 million to a blocked account if all applicable conditions for the debt to equity swap are not fulfilled by 17 May 2016. As certain administrative and technical aspects