SBB notes that Valerum AB (publ) postpones its payment of interest of its outstanding secured bond and that SBB’s repurchase commitment under the bond may be actualized
Samhällsbyggnadsbolaget i Norden AB (publ) ("SBB" or the "Company") notes the press release that Valerum AB (publ) ("Valerum") published on 5 October 2023, regarding Valerum not paying the interest on its outstanding secured bond that was due on 5 October 2023 and that this could actualize SBB's repurchase commitment according to the terms. SBB has given a commitment to the investors in Valerum's secured bond whereby SBB has committed to buy the holders' bond at 100 percent of nominal value including accrued and unpaid interest in the event of a breach of the loan terms. As of the date of