Caybon Holding AB (publ) - Announces approval of written procedure and issuance of new super senior bonds

Caybon Holding AB (publ) (the "Company" and "Caybon") today announces the successful completion of the written procedure that was initiated on 29 March 2024 (the "Written Procedure") in relation to the Company's outstanding SEK 600,000,000 (whereby SEK 25,000,000 is held by the Company) senior secured bond loan with ISIN SE0017084478 and within a framework amount of SEK 1,000,000,000 (the "Bonds").

The Written Procedure was initiated to request the holders of the Bonds (the "Bondholders") to vote in favour of, among other things, amending the terms and conditions of the Bonds in order to implement the proposed new capital structure of Caybon (the "Proposal"). The full details of the Proposal are set out in the notice of Written Procedure.

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 of approving the Proposal. Caybon will continue with the implementation of the contemplated updates to its capital structure as set out in the notice of Written Procedure and is proceeding on the basis of the indicative time plan included in the notice of Written Procedure. The final time plan of implementing the contemplated updates to Caybon's capital structure will be published by way of a press release as soon as it is available.

Further, as published by the Company in a press release dated 29 March 2024, Caybon announced that it launched a fully underwritten new super senior bond in an aggregate amount of up to SEK 130,000,000 (the "New Super Senior Bonds"). Caybon today announces that, as the issuance of the New Super Senior Bonds was conditional upon the successful completion of the Written Procedure, the Company will issue New Super Senior Bonds as per the details set out in the notice of Written Procedure. Those who have subscribed for New Super Senior Bonds and been allocated in accordance with the allocation principles will be contacted directly by the issuing agent.

ABG Sundal Collier has been retained as financial advisor for the restructuring and issuing agent and manager for the New Super Senior Bonds, Roschier Advokatbyrå has been retained as legal advisor to Caybon and Gernandt & Danielsson Advokatbyrå has been retained as legal advisor to the Bondholders in connection with the Written Procedure.

Information:

This information is information that Caybon Holding AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 16:30 CEST on 26 April 2024.