Sollentuna Stinsen JV AB – Approval of written procedure and amendments to the terms and conditions of the bonds

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Sollentuna Stinsen JV AB (the "Company") today announces the successful completion of the written procedure that was initiated 15 July 2022 in relation to the Company's outstanding up to SEK 500,000,000 senior secured bond loan 2019/2022 with ISIN SE0013122058 (the "Bonds"), regarding certain amendments to the terms and conditions of the 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 to approve the Proposal.

The amendments in accordance with the Proposal shall be effective as per 4 August 2022.

Danske Bank A/S, Danmark, Sverige filial has been retained as financial advisor in connection with the written procedure.


For more information, please contact: 
Christian Matti, CEO, Sollentuna Stinsen JV AB
+46 70 270 53 25, christian.matti@magnoliabostad.se


The information Sollentuna Stinsen JV AB publishes in this report is required in accordance with the EU Market Abuse Regulation (EU) No 596/2014. The information was submitted for publication through the agency of the contact person, on 4 August 2022 at 15.50 CEST.

Sollentuna Stinsen JV AB (559085-9954) is a joint venture between Magnolia Projekt 36 AB and the pension company Alecta pensionsförsäkring, ömsesidigt, and was formed in 2016 to develop the property Sollentuna Stinsen 2.The company is located at Sturegatan 6, Stockholm.

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