Swedish Electromagnet Invest AB (publ) (the “Company” or “SEM”) announces that the
Company today has initiated a written procedure (the “Written Procedure”) among the holders
of its outstanding bond loan 2018/2023 with ISIN SE0011167600 (the “Bonds”) to request the
holders’ consent to extend the maturity of the Bonds with two months. As announced by SEM in
a press release dated 11 November 2022, SEM has negotiated a long-term solution for its
financing with certain major holders of the Bonds (representing 50.6 per cent. of the adjusted
nominal amount of the Bonds) (the “Holders”). The negotiations with Holders are still ongoing
and the parties have made further progress. In order to finalise the negotiations, the Company
requests an additional extension of the maturity of the Bonds with two months.
SEM has today instructed Nordic Trustee & Agency AB (publ) (the “Agent”), in its capacity of
agent under the Bonds, to send a notice of Written Procedure including voting instructions to the
direct registered owners and registered authorised nominees of the Bonds in the Company’s debt
ledger held with Euroclear Sweden as per 14 February 2023. The notice of Written Procedure is
available on the Company’s website and the Agent’s website.
The outcome of the Written Procedure will be announced by way of press release in connection
with the termination of the Written Procedure. The voting record date is 20 February 2023 and
the last day for voting in the Written Procedure is 27 February 2023.
For questions regarding the proposal in the Written Procedure, please contact Pareto Securities
AB, acting as advisor to the Company in connection with this Written Procedure with the
following contact information: Att. Jonas Hellberg, +46 8 402 5110, email:
For questions to the Agent regarding the administration of the Written Procedure, please contact
the Agent at firstname.lastname@example.org or +46 8 783 79 00.
For further information, please contact the Company:
Halvar Jonzon, Chairman of the board
+46 70 663 65 67
Christina Hallin, CEO
+46 70 821 11 89
This information is information that the Company 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, on 15 February 2023, at 17:30 CET