MIDAQ AB initiates a written procedure regarding its senior unsecured bonds

MIDAQ AB initiates a written procedure regarding its senior unsecured bonds 2021/2024 with ISIN SE0017085319.

MIDAQ AB (publ) (the ”Company”) seeks the consent of the bondholders to waive certain events of default under the terms and conditions of the Company’s senior unsecured bonds 2021/2024 with ISIN SE0017085319 with an outstanding nominal amount of SEK 200,000,000 (the ”Bonds”) that has been triggered in connection with the previously announced bankruptcy of the Company’s indirect subsidiary Gårdsman AB.

In order to obtain the bondholders’ approval the Company has today instructed the agent, Nordic Trustee & Agency AB (publ), to initiate a written procedure regarding the Bonds (the ”Written Procedure”).

The record date for being eligible to participate in the Written Procedure is 17 November 2023, and the deadline for voting is 15:00 (CEST) on 1 December 2023. The Written Procedure may however be terminated prior to the deadline if a requisite majority has voted in favour of the request by then or if the request has been withdrawn by the Company.

For further information, please contact:

Stefan Engdahl VD/CEO
+46 70 269 10 80
stefan.engdahl@midaq.se

Håkan Sundberg CFO
+46 70 269 10 81
hakan.sundberg@midaq.se