Essity: Additional information regarding demands from certain bondholders
December 17, 2024
STOCKHOLM (News release) -- Essity has received information that a minority of investors, in some of its Luxembourg-listed bond series, have initiated proceedings in English court.
Referring to the press release dated October 17, 2024, regarding demands from a few bondholders and bonds issued by Essity, the company has been made aware that some of these investors have initiated proceedings in an English court. The investors' holdings represent a small portion of the outstanding bonds. As previously communicated, Essity rejects the claim that there is a right to early repayment under the terms of these bonds and considers the demand to be unfounded.