10:57:09 Europe / Stockholm

Prenumeration

2024-07-10 16:00:00

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As highlighted in its interim financial statements for the first quarter of 2024, Quant AB (publ) (“Quant”) and its subsidiaries (together with Quant, the “Group”) nearly doubled EBITDA and secured significant contract renewals during 2023 and is now focused on growing its contract portfolio beyond EUR 200 million.

Quant’s senior secured floating rate bonds with ISIN: SE0010663260 and its revolving credit facility are maturing in November 2025 and November 2024 respectively. The Group has therefore appointed Deloitte as financial adviser and White & Case LLP as legal adviser to explore potential refinancing solutions and intends to commence constructive discussions with potential financing providers as well as its existing creditors over coming weeks.
 
Stockholm, 10 July 2024