US/UK/Canada

Share

Pick a time period -
Tags ( Active)

The Stockholm District Court has approved Brödernas Group AB (publ) application for an extension of its company restructuring by an additional three months

The Stockholm District Court has approved that Brödernas Group AB (publ)’s ongoing company restructuring is extended by three months, up until 17 April 2025, unless completed prior thereto.   In relation to all other group companies, including the parent company, also subject to company restructuring, an extension of the expiration date for such ongoing company restructurings has also been approved by the relevant district courts by an additional three months for the majority of the group companies. For further information, please contact: Richard Forsshéll, CEO press@brodernas.se

Brödernas Group AB (publ) defers interest payment due in December 2024

December 4, 2024, 09.15 CET Reference is made to Brödernas Group AB (publ) (“Brödernas”), SEK 175,000,000 senior secured callable fixed rate bonds with ISIN NO0013250597 (“Existing Bonds”). Brödernas has, in accordance with Section 12 of the terms and conditions for the Existing Bonds, an upcoming payment of inter alia cash interest in amount of approximately SEK 7,000,000 due on the Interest Payment Date 10 December 2024. Due to the ongoing restructuring process and the group’s liquidity situation, Brödernas will defer the interest payment due 10 December 2024 under the Existing

Brödernas publishes quarterly report for Jul-Sep 2024 and provides certain updates in relation to the ongoing company restructuring

November 27, 2024, 09.15 CET Brödernas Group AB (publ) hereby publishes the report for the third quarter (Q3) for the period 1 July – 30 September 2024. The report is available as an attached document and on the company's website (investors.brodernas.nu ). 1 January – 30 September 2024 Net sales amounted to SEK 390m (423m)EBITDA amounted to SEK 14m (30m)Operational

Brödernas applies for company restructuring

Stockholm 16 October 2024 Restaurant group Brödernas has today applied for company restructuring in order to secure the group’s future. During the restructuring process, Brödernas’ restaurants will be open as normal. Brödernas, including Brödernas Group AB (publ), has today applied for company restructuring. The purpose of the restructuring is to secure the group’s long-term financial stability and handle the economic challenges that have emerged in the wake of inter alia the pandemic, inflation, increased interest rates and increased rental costs. Brödernas’ application for

There are no items matching the current filter
There are no more items matching the current filter
Back to top

Subscribe