SGL International A/S announces approval of written procedure and amendments to the terms and conditions of the bonds

SGL International A/S (the "Issuer", and together with TransGroup Global Inc., and their respective subsidiaries from time to time, “SGL” or the “Group”) today announces the successful completion of the written procedure that was initiated on 1 September 2021 in relation to the Company’s outstanding up to EUR 315,000,000 senior secured bonds with ISIN SE0013101219 and up to EUR 350,000,000 senior secured bonds with ISIN SE0015810759 (jointly the “Senior Bonds”), regarding certain waivers and amendments to the terms and conditions of the Senior Bonds (the “Proposal”).

A sufficient number of bondholders participated in the written procedure in order to form a quorum, and a requisite majority of the bondholders voted in favour of the Proposal.  

Pursuant to the concluded written procedure, settlement of the Company’s subsequent bond issue of EUR 75,000,000 (the “Subsequent Bond Issue”) as announced on 7 September 2021 will take place on 28 September 2021. The Terms and Conditions for the Senior Bonds will be amended and restated to reflect the approval of the request (the “Amended and Restated Terms and Conditions”) and will be available on the Company’s website.  

Pareto Securities acted as financial advisor and Roschier Advokatbyrå as legal advisor in connection with the Written Procedure.
 

For further information, please contact:

Pareto Securities in capacity of Financial Advisor:
Markus Wirenhammar, Head of Investment Banking, +46 70 872 51 86

SGL International A/S:
Claes Brønsgaard Pedersen, Global CFO, (+45) 32 48 00 00, Email: ir@scangl.com

This information is information that the Issuer is obliged to make public pursuant to the EU Market Abuse Regulation and the Swedish securities markets act (2007:528). The information was submitted for publication, through the agency of the contact person set out above on 27 September 2021, at 23:15 CET.

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