SOTKAMO SILVER STRENGHTENS ITS FINANCING BY RENEGOTIATION AND EXTENSION OF SENIOR SECURED BOND
Press release: Stockholm, March 22, 2021 15:00 CET Sotkamo Silver AB’s wholly owned subsidiary Sotkamo Silver Oy has renegotiated the terms and conditions of its EUR 13,200,000 Senior Secured Fixed Rate Notes 2018 (ISIN:FI4000315379) (the "Notes"). A written voting procedure in accordance with the rules and conditions of the Notes on amendments has been completed today. As a result, the noteholders have decided to postpone the company’s obligation to collect funds into a pledged account for repayment of the Notes so that instead of depositing EUR 1,350,000 quarterly starting in Q1