HLRE Holding Oyj (the "Company") has instructed the agent for the Company's senior secured bonds (ISIN SE0015530712) (the "Bonds"), Nordic Trustee & Agency AB (publ) (the “Agent”), to initiate a written procedure to request that bondholders vote in favour an amendment to the terms and conditions of the Bonds. The largest holder of the Company’s bonds, holding approximately 66 2/3 per cent of the outstanding nominal amount of the Bonds, has indicated its support for the amendment.
The amendment is to ensure that the Company and its other group companies have sufficient liquidity to finance their operations in the upcoming period. The Issuer requests in the written procedure the holders of the Bonds to approve that the terms and conditions of the Bonds are amended, so that the interest payable on 12 November 2025 would be postponed, so that such interest would be paid on 12 May 2026 instead. No deferred interest will accrue on the postponed interest payment.
The Agent will deliver the notice of the written procedure to all bondholders on 6 November 2025. The written procedure will end on 2 December 2025. To be eligible to participate in the written procedure a holder must fulfil the formal criteria for being a bondholder on 11 November 2025. This means that the holder must be registered on a securities account with Euroclear Sweden AB as a direct registered owner (Sw. direktregistrerad ägare) or authorised nominee (Sw. förvaltare) with respect to one or several Bonds.
The notice of a written procedure is available on the Company's website ( ) and on Stamdata ().
For further information, please contact
Juha Nuutinen
CFO
+358 50 438 0984