Sunborn Gibraltar Ltd – pending interest payment completed and Written Procedure issued
Sunborn Gibraltar Ltd (the "Company") confirms pending interest payments have been remedied to Bondholders relating to company up to EUR 60,000,000 Senior Secured Floating Rate Bonds 2017/2024 (the "Bonds").
The Company has been engaged in discussions with bondholders to seek certain amendments to the terms and conditions and has issued a written procedure in preparation for the refinancing process of the Bonds.
For further information, please contact:
Hans Niemi, CEO
Telephone: +358 (0)24454513
Email: hans.niemi@sunborn.com
Information:
This information is information that Sunborn (Gibraltar) Limited 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, at 16:30 CEST on 1 July 2024.
About Sunborn (Gibraltar) Limited
Sunborn Gibraltar is part of the Sunborn Group, which is 50 years old, privately owned group of companies based in Finland, with decades of experience in the hospitality sector. Sunborn's focus is on the development of luxury spa and yacht hotels, restaurants and other high-quality property.
Sunborn is present at the moment in Finland, Denmark, United Kingdom and Gibraltar. Operations vary from spa resorts and residential communities to hotels and yacht hotels, restaurants, and catering operations in the best locations.
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