M.O.B.A. Network (the “Company”) announces that the Company has initiated consultations with holders of its outstanding senior secured bond with ISIN SE0020050540 (the “Bonds”) (the “Bondholders”).
To proactively address its upcoming bond maturity, the Company has initiated constructive consultations with a group of Bondholders representing in excess of 60% of the adjusted nominal amount outstanding to explore the conditions for a successful refinancing, with options to include i.a. a new bond issue and/or an extension of the maturity of the existing bond.