SSM summons meeting with bondholders through procedure in writing
At the request of SSM Holding AB (publ) (“SSM”), the agent has today summoned a meeting with the company’s bondholders by way of a procedure in writing to resolve on amending the terms and conditions of SSM’s outstanding bonds. The amendments in the conditions include extending the bond loan by two years, semi-annually repaying the bond loan at an agreed rate and not paying dividends until the bond loan is repaid in full.On December 13, 2019, SSM announced that it had reached an agreement with a majority of the holders of a maximum of MSEK 700.0 of SSM’s outstanding bonds (of which MSEK 400.