Magle Group completes SEK 203 million debt restructuring
Magle Chemoswed Holding completed a financial restructuring of its debt and capital structure, issuing super senior bonds with a total nominal amount of up to SEK 203 million. The company executed a debt-for-equity swap, writing down and cancelling part of existing bonds in exchange for new shares, and restating the remaining bond debt as reinstated bonds. Directed share issues were made to investors, existing shareholders, bondholders, and board members.