Quant extends maturity date of senior bonds through written procedure

Chicago, April 21 – Quant AB said that the interim proposals for its €120 million senior secured floating-rate bonds (ISIN: SE0010663260) are effective as of Thursday, according to a notice.

Bondholders approved the written procedure for the interim conditions, which includes the extension of the maturity date by three months, to May 15, 2023 from Feb. 15, 2023.

There is still a final conditions precedent required to be satisfied for the final proposals to become effective.

The payment of the base fee and the early voting fee remains conditional upon satisfaction of the final conditions.

Quant is a Stockholm-based provider of maintenance services.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.