CHR Bygga Bostäder Holding AB (publ) has entered into a term sheet for a recapitalisation with a view to restore the equity in the Company
CHR Bygga Bostäder Holding AB (publ) (the “Company”) has entered into a term sheet (the “Term Sheet”) for a recapitalisation with a view to restore the equity in the Company. The Term Sheet is entered into with shareholders representing ca. 73 per cent. of the outstanding shares and votes in the Company, holders representing ca. 58 per cent. of the outstanding bondsin the Company’s Senior Secured Floating Rate Bonds with ISIN SE0010023770 (the “Bonds) and a separate creditor. The implementation of the transactions contemplated by the Term Sheet is further conditioned upon several events