Qben Infra AB (publ) receives approval from the bondholders in its written procedure
Qben Infra AB (publ) (the “Company” or “Qben Infra”) today announces the successful completion of the written procedure that was initiated on 23 October 2025 (the “Written Procedure”) in relation to the terms and conditions of the Company’s up to SEK 600,000,000 senior unsecured floating rate bonds 2024/2027 with ISIN SE0023468384 (the “Bonds”), regarding certain amendments to the Bonds (the “Request”).
On 22 October 2025, the Company instructed Nordic Trustee & Agency AB (publ) as agent under the Bonds to initiate the Written Procedure to request to amend the terms and conditions of the Bonds for the purpose of permitting the Company to carry out the divestment of the Qben Rail platform to Eleda Norge AS (as announced by the Company on 15 October 2025) (the “Qben Rail Divestment”) and to issue a vendor loan note in an amount not exceeding SEK 140,000,000 (the “Vendor Note”) in connection with the divestment of Kvalitetsbygg R AB and Kvalitetsgruppen R Fastigheter AB to Kvalitetsprojekt 2.0 Holding AB (as announced by the Company on 22 October 2025).
A sufficient number of holders of the Bonds (the “Bondholders”) participated in the Written Procedure in order to form a quorum, and a requisite majority of the Bondholders voted in favour of the Request.
The amendments to the terms and conditions agreed upon are set out in full in the notice of Written Procedure (the “Notice of Written Procedure”).
The amendments shall become effective when the Company and the agent enter into an amendment and restatement agreement, amending and restating the terms and conditions of the Bonds substantially in the form set out in schedule 3 of the Notice of Written Procedure.
The Company will pay a consent fee to the eligible Bondholders as set out in the Notice of Written Procedure amounting to 0.50 per cent. of the nominal amount per Bond (the "Consent Fee"). The Consent Fee will be payable to all persons who are registered as a direct registered owner or authorised nominees on 25 November 2025 and the payment of the Consent Fee will be made on 2 December 2025 through the CSD's account based system.
DNB Carnegie Investment Bank AB (publ) has acted as advisor in connection with the Written Procedure.
For questions regarding the requests in the Written Procedures, please contact DNB Carnegie Investment Bank AB (publ) at bond.syndicate@dnbcarnegie.no or +46 7 084 539 14.
For questions regarding the administration of the Written Procedure, please contact the Agent at voting.sweden@nordictrustee.com.
For further information, please contact:
Øivind Horpestad, board member, Qben Infra: +47 910 00 626
About Qben Infra
Qben Infra invests in and develops companies in infrastructure services in the Nordic region. The company operates in niches where the market is driven by strong growth trends, large government investments and where opportunities for consolidation and strong growth exist – for example, railways and power grids. The strategy includes driving organic growth, reinforced by selective acquisitions (M&A) and realisation of synergies. For more information, see qben.se.