Aligera AB (publ)'s subsidiary, Aligera Holding AB (publ), and the bondholder committee have agreed on an extended standstill period
As announced in the press release dated 16 January 2018, the standstill period agreed between Aligera AB (publ)'s subsidiary, Aligera Holding AB (publ) (the "Subsidiary"), and a group of the larger bondholders (the "Bondholder Committee") of the Subsidiary's SEK 500,000,000 senior secured bonds (ISIN SE0005933231) (the "Bonds") was extended to 22 January 2018. The Subsidiary 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
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 23 January 2018, at 08:30 CET.
About Aligera Holding
Aligera Holding AB (publ) is an investment company with exclusive focus on renewable energy. The company operates, owns and invests solely in commercial wind turbines.
Aligera Holding AB, Grev Turegatan 18 , 114 46 Stockholm org.nr 556909-1704
FNCA Sweden AB is appointed Certified Advisor.