Polygon request a written procedure
Polygon AB (publ) has requested a written procedure with its bondholder and waivers under the up to EUR 180,000,000 Senior Secured Floating Rate Notes 2014/2019 Polygon AB (publ) has today requested Nordic Trustee & Agent AB (publ) (the “Agent”) to initiate a written procedure for the noteholders to consider a request to permit a debt reorganisation of the Polygon group. The purpose of the debt reorganisation is to strengthen the balance sheet of PolygonVatro GmbH (“PolygonVatro”) and to better reflect the revenue profile of the group on an entity-by-entity basis. In order to strengthen