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Solteq Seeks to Extend Maturity of EUR19 Million Notes Due October

MT Newswires·08/24/2026 03:28:53
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03:28 AM EDT, 08/24/2026 (MT Newswires) -- Solteq (SOLTEQ.HE) will start a written procedure to extend the final maturity of 18.7 million euros of outstanding senior unsecured fixed-rate notes. The Nordic software company is looking to defer the due date to April 1, 2029, from Oct. 1, 2026, according to a Monday release. The amendment is expected to reduce costs and improve profitability. Solteq intends to offer consenting noteholders a 1% fee for the nominal amount of notes held.