Baseload Capital obtains approval from bondholders

Baseload Capital obtains approval from bondholders regarding certain amendments to the terms and conditions of its MSEK 500 senior secured green bonds

 Baseload Capital Sweden AB (publ) (“Baseload”) announced on 12 April 2022 that it is, through a written procedure (the “Written Procedure”), soliciting approval from holders of its bonds (the “Bondholders”) with ISIN SE0011923267 (the “Bonds”) to make certain amendments to the terms and conditions of the Bonds.

Baseload hereby announces that a quorum was formed in the Written  Procedure and that a requisite majority of the votes cast in the Written Procedure were in favour of the requests set out therein. The requests proposed in the notice of Written Procedure shall be deemed to be approved as of 10 May 2022.

The consent to the request will laps if a total redemption of the Bonds has not occurred on or before 30 June 2022.

The results of the written procedure will also be sent by regular mail to the Bondholders and be published on the websites of Baseload (www.baseloadcap.se) and Nordic Trustee & Agency AB (www.nordictrustee.com and www.stamdata.com).

This disclosure contains information that Baseload Capital Sweden AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014) and the Swedish Securities Markets Act (2007:528). The information was submitted for publication, through the agency of the contact person, on 10-05-2022 22:30 CET.

For more information, please contact:
Alexander Helling CEO of Baseload Capital
alexander.helling@baseloadcap.com

About Us

Baseload Capital is a specialized investment entity that funds the deployment of heat power worldwide. Our portfolio of companies in Iceland, Japan, Taiwan and the U.S. work with local communities and power companies to permit, build and commission heat power plants.

Heat power is an affordable form of renewable energy that can be harnessed from either geothermal resources or waste heat. By applying innovative financing structures to help our local operators build and run the heat power plants, Baseload Capital can help nations quickly transition away from fossil fuels and toward energy independence. The result will lead to more resilient societies and a planet in balance.