YA Holding initiates a written procedure under its outstanding bond loan
As announced through press release on 4 September 2023, YA Holding AB’s (publ) (“YA Holding” or the “Company”) subsidiary YrkesAkademin AB has applied for company restructuring (Sw. företagsrekonstruktion) (the “Restructuring”). In parallel with the decision to apply for the Reorganisation, the Company has reached an agreement with a group of bondholders (the “Bondholder’s Committee”) under the Company’s senior secured social sustainability-linked bonds in an amount of SEK 480 million within a framework of SEK 650 million with ISIN SE0016831150 (the “Bonds”) regarding, inter alia, certain