Advanced Soltech announced on December 16 that the Company intended to request an extension of the SOLT5 bond with repayment on January 25, 2023. The proposal has been voted through according to the Company's request, which means that the last day for repayment of the bond is moved forward to July 8, 2023.
CEO Max Metelius comments:
"We thank our bondholders in SOLT5 for their continued trust and are now working further with refinancing in China of the outstanding bonds. Our assessment is that we will have a good solution in place before July 8"