Scandinavian Biogas initiates a written procedure
Scandinavian Biogas Fuels International AB (publ) (the "Company") has instructed the agent for the Company's up to SEK 300,000,000 senior secured bonds with ISIN SE0007784111 (the "Bonds") to initiate a written procedure requesting that the bondholders waive its maintenance covenant under the terms and conditions for the Bonds for the test periods ending on 30 September 2018 and 31 December 2018.
The notice to the written procedure is available on the Company's website (www.scandinavianbiogas.com) and on Stamdata (www.stamdata.com).
For further information, please contact:
CEO Scandinavian Biogas
+46 (0) 70-597 99 38
The company in brief:
Scandinavian Biogas is today one of the largest private producers of biogas as a vehicle fuel. The Company also operates a manufacturing plant for pre-treatment of food waste and industrial organic waste, as well as a plant for production of raw biogas in South Korea and a plant for production of liquid biogas in Norway.
This information is information that Scandinavian Biogas Fuels International AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, on November 9 2018, at 12:00 CET