YA Holding obtains the bondholders’ approval regarding proposed refinancing arrangement and for changes to the terms of its existing bond loan

YA Holding AB (publ) (the “Company”) announces that the written procedure initiated on 1 March 2024 (the “Written Procedure”) regarding, inter alia, the restructuring of the capital structure and certain liabilities of the Company (the “Refinancing Arrangement”) and certain amendments to the terms and conditions (“T&C Amendments”) of the Company’s senior secured sustainability-linked corporate bonds with ISIN SE0016831150 (the “Bonds”), has been concluded.

A sufficient number of votes have been obtained to achieve quorum and a sufficient majority of the participating bondholders have voted in favour of the Company’s request in accordance with the Written Procedure. The bondholders have thus approved the execution of the measures under the Refinancing Arrangement and the T&C Amendments, as set out in the notice to the Written Procedure. As further described in the notice to the Written Procedure, the T&C Amendments are conditional upon, inter alia, the completion of certain measures in the Refinancing Arrangement as well as the completion of certain measures in the company restructuring in YrkesAkademin AB.

The new amended terms and conditions of the Bonds will be available on the Company’s website when they become effective and information regarding the Refinancing Arrangement and the T&C Amendments are set out in the notice of the Written Procedure which is available on the Company’s and the Agent’s website. More detailed information on the timetable for the completion of the Refinancing Arrangement will be announced in April–May 2024.

The information was submitted, through the provision of the specified contact person, for publication on 2024-03-20 16:00 CET

Sender
Martin Modig, CEO YA Holding AB (publ)

For press questions, please contact:
Alice Hedin, acting press secretary
Phone: +46 (0) 70 878 91 05
E-mail: alice.hedin@ya.se