Pressmeddelanden, rapporter och bolagsmeddelande för Caybon Holding AB

Caybon Holding AB has signed a master restructuring term sheet with most of its bondholders and other stakeholders to address its financial issues. The term sheet outlines Caybon's future capital structure and will be implemented in a formal written procedure in March 2024. Details include a SEK 10,000,000 super senior bridge financing, an extension of bond maturity to December 2027, and a change in interest rates. SEK 365,000,000 of the bonds will undergo a debt to equity swap and a new super senior bond loan of SEK 130,000,000 will be issued. After the transaction, bondholders will own about 45% of Caybon, new super senior bondholders will own around 40%, and the board and management will hold approximately 12%. Caybon also expects an adjusted EBITDA of SEK 40-45m and an adjusted EBITA of SEK 10-15m for the full financial year 2024. Johan Janing will become the new CEO of Caybon from 2 April 2024.