As communicated by Magle Chemoswed Holding AB (publ) ("Magle Group" or the "Company") on 11 June 2026, the Company received a proposal from an ad hoc group of bondholders (the “Ad Hoc Group”) in respect of its senior secured floating rate bonds 25/28 (ISIN SE0025197403) (the “Bonds”) regarding the restructuring of the Magle Group’s outstanding financing (the “Proposal”).
As part of the proposal from the Ad Hoc Group, it has been agreed between the Company and the Ad Hoc Group that the payment of accrued interest in respect of the Bonds that becomes due and payable on 6 July 2026 shall not be paid by the Company in accordance with the terms and conditions for the Bonds, but shall instead be deferred (the “Deferred Interest”). In connection therewith, the record date in respect of the Deferred Interest, currently scheduled for 29 June 2026, will be deferred accordingly. The Deferred Interest is expected to be settled by way of issuance of bonds in connection with the implementation of a long-term restructuring solution. The above deferral is part of the ongoing discussions between the Company and the Ad Hoc Group regarding a restructuring of the Magle Group's outstanding financing, and a final agreement has not yet been reached. The Company will issue a separate press release if and when a final agreement regarding the restructuring has been entered into with the Ad Hoc Group, which is now estimated to occur during June or July 2026.