On September 19, 2023, Advanced Soltech requested an extension of the SOLT2 bond with repayment due on November 8, 2023. The proposal has been approved in accordance with the Company's request, which means that the final repayment date for the bond will be extended to November 8, 2024.
CEO Max Metelius comments:
We thank our bondholders in SOLT4 for their continued trust. We have already repaid four bonds totaling approximately 940 million SEK and are now working on refinancing the remaining outstanding bond, SOLT4 of 70.4 MSEK. We anticipate that we will repay it well ahead of the new maturity date. We will focus on finding the best solution for our shareholders that will benefit future growth.