Taptravel elects to pay interest in kind (PIK) under its outstanding senior bonds
Taptravel elects to pay interest in kind (PIK) under its outstanding senior bonds
Taptravel Nordic AB (publ) has today notified Nordic Trustee & Agency AB (publ) in its capacity as agent under the senior secured callable bonds with fixed interest and PIK option 2024/2028 with ISIN NO0013326041 (the "Bonds") that the interest payment due on 3 July 2026 will be made by capitalization (eng.payment in kind).
Taptravel Nordic AB (publ) has today notified Nordic Trustee & Agency AB (publ) in its capacity as agent under the senior secured callable bonds with fixed interest and PIK option 2024/2028 with ISIN NO0013326041 (the "Bonds") that the interest payment due on 3 July 2026 will be made by capitalization (eng.payment in kind). The interest payment will be made by increasing the nominal amount per Bond by a principal amount corresponding to accrued but unpaid interest (rounded down to the nearest krona) at an annual interest rate of 13 percent, in accordance with the terms of the Bonds.
For further information, please contact:
Johan Nyrén, CEO
Phone: +46 73-682 15 63