RNB RETAIL AND BRANDS AB (PUBL) instigates a written procedure in order to waive certain provisions in the Terms and Conditions of its outstanding senior secured notes
RNB RETAIL AND BRANDS AB (publ) (the "Company") instigates a written procedure (the "Written Procedure") for the notes with ISIN SE0010625830 (the "Notes") in order to waive certain provisions in the terms and conditions of the Notes (the "Terms and Conditions"). Earlier today, the Company announced, by way of a press release, that it has reached an agreement with NK Retail AB for the sale of the assets in Departments & Stores for a preliminary value of SEK 58 million (the "Transaction"). The Transaction is expected to close on 3 February 2021, subject to the approval from the holders of