Calligo (UK) Ltd amends its proposal to bondholders included in the written procedure launched 15/12/2023 by undertaking to reduce the interest rate on certain debt ranking senior to the bonds
On 15 December 2023, Calligo (UK) Limited (the “Company” or “Calligo” and together with the direct and indirect subsidiaries of the Issuer’s indirect parent company, Calligo Holdings Limited, the “Group”) announced that the Company has initiated a written procedure (the “Written Procedure”) under its outstanding bond loan 2021/2024 with ISIN NO0011179806 (the “Bonds”) to request the bondholders’ consent to certain amendments to the terms and conditions for the Bonds (the “Terms and Conditions”).Pursuant to the Written Procedure, the Company has inter alia requested that the bondholders