Advanced Soltech's bond SOLT2 is extended in accordance with the company's request

01 February 2023 - 07:30

Advanced Soltech requested on January 4, 2023, an extension of the SOLT2 bond with repayment on February 28, 2023. The proposal has been voted through according to the Company's request, which means that the last day for repayment of the bond is moved forward to July 9, 2023.

CEO Max Metelius comments:

"We thank our bondholders in SOLT2 for their continued trust and are now working further with refinancing in China of the outstanding bonds. Our assessment is that we will have a good solution in place before July 9. We can now focus on finding a good refinance structure to promote future growth."

Provided by: MFN
Nasdaq First North GM Stockholm (Sweden)
Advanced SolTech Sweden AB
Advanced SolTech operations consist of financing the construction of solar power plants in China, which are installed, owned and maintained by the SolTech Group’s jointly-owned Chinese company, Advanced SolTech Renewable Energy Hangzhou Co. Ltd....
Learn more about company

Related news

We use cookies to make your experience using IPOhub better. By using our site you agree to our use of cookies. Learn More