STOCKHOLM, Dec. 16, 2024 /PRNewswire/ -- Today, Essity has received information that a minority of investors, in some of its Luxembourg-listed bond series, have initiated proceedings in English court.
Referring to the press release dated October 17, 2024, regarding demands from a few bondholders and bonds issued by Essity, the company has been made aware that some of these investors have initiated proceedings in an English court. The investors' holdings represent a small portion of the outstanding bonds. As previously communicated, Essity rejects the claim that there is a right to early repayment under the terms of these bonds and considers the demand to be unfounded.
For further information, please contact:
Per Lorentz, Vice President Corporate Communications, +46 73 313 30 55, per.lorentz@essity.com
Sandra Åberg, Vice President Investor Relations, +46 70 564 96 89, sandra.aberg@essity.com
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https://news.cision.com/essity/r/additional-information-regarding-demands-from-certain-bondholders,c4082884
The following files are available for download:
https://mb.cision.com/Main/15798/4082884/3175040.pdf | Additional information regarding demands from certain bondholders |
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