SIBS AB (publ) (the "Company") today announces the successful completion of the written procedure that was initiated 14 May 2025 (the "Written Procedure") in relation to the Company's outstanding SEK 1,000,000,000 senior bonds with ISIN SE0023112487 (the "Bonds"), regarding certain amendments to the terms and conditions of the Bonds (as specified in the notice to the Written Procedure) (the "Proposal").
A sufficient number of bondholders participated in the Written Procedure in order to form a quorum, and a requisite majority of the bondholders voted in favour to approve the Proposal.
The amendments will become effective when (i) the Company and the agent enter into an amendment and restatement agreement, amending and restating the terms and conditions of the Bonds substantially in the form set out in schedule 3 of the notice to the Written Procedure and (ii) the Company satisfies the conditions precedent set out in paragraph 3 (Conditions precedent for effectiveness) in the notice to the Written Procedure.
For further information, please contact:
Johan Dufvenmark
CFO/IR Contact
jd@sibs.se
+46 70-597 43 75
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This information is the kind of inside information that SIBS AB (publ) is obliged to make public in accordance with the EU Market Abuse Regulation and the Swedish Securities Market Act. The information was submitted for publication, through the contact person above, at 4.45 pm CEST on 3 June 2025. |
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SIBS AB was founded in 2016 and is today one of the world's leading modular building manufacturers. With a scalable capacity of up to around 6 000 homes per year, we deliver sustainable, high-quality homes adapted to local conditions. SIBS has the entire integrated value chain for industrial construction within the group – from design and configuration in its own building system, industrial production in its own factories and onsite assembly/finalization. With the help of digitalization and technology, we set a new standard in the construction industry. SIBS bond is listed on Nasdaq Stockholm. Read more at www.sibs.se.
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