Aligera Holding AB (publ) and the bondholder committee have agreed on an extended standstill period to Wednesday 24 January 2018
As announced in the press release dated 16 January 2018, the standstill period agreed between Aligera Holding AB (publ) (the "Company") and a group of the larger bondholders (the "Bondholder Committee") of the Company's SEK 500,000,000 senior secured bonds (ISIN SE0005933231) (the "Bonds") was extended to 22 January 2018. The Company and the Bondholder Committee have agreed to further extend the standstill period until 24 January 2018 in order to allow more time to continue the discussions about a potential out of court restructuring of the Aligera group. It has been concluded that in addition to the previously communicated need for a substantial reduction of the existing debt under the Bonds, an out of court restructuring would also require injection of new capital into the Aligera group in a substantial amount. As of today, there exist no financing commitments to satisfy the need for such new capital.
The implementation of an out of court restructuring would be subject to a written procedure where the bondholders formally resolve on the terms for the restructuring.
For information, please contact:
Jörgen Bender, CEO
Tel: +46 (0) 722 372020
E-mail: jorgen.bender@aligera.se
This information is information that Aligera Holding AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, on January 23 2018, at 08:30 CET.
About Aligera
Aligera AB (publ) is an infrastructure company within renewable energy, investing in commercial windmills. Aligera was founded in 2009 with the ambition to contribute to a sustainable future by production of green energy.
Aligera AB, Grev Turegatan 18, 114 46 Stockholm, org.nr 559026-8024
info@aligera.se, www.aligera.se
FNCA Sweden AB is appointed Certified Advisor.