Fortaco Group Holdco Plc Stock Exchange Release 7 May 2025 at 1700 EEST
On 17 April 2025, Fortaco Group Holdco Oyj announced the successful completion of the Written Procedure initiated on 2 April 2025 regarding certain amendments to the terms and conditions of the Bonds. The amendments include an extension of the tenor by two years, amendment of the interest rate for 2025 and 2026, introduction of the option for voluntary partial redemptions, and other specified amendments. The Company and the Bonds agent have entered into an Amendment and Restatement Agreement fulfilling the conditions precedent, making the amendments effective today.
For further information:
- Mika Mahlberg: President & CEO
- Kimmo Raunio: Senior Executive Vice President & CFO
Fortaco Group is the leading partner to heavy off-highway equipment and marine industries, offering zero-emission solutions, technology services, assemblies, vehicle cabins, and steel fabrications. With operations in multiple European and Asian sites and technology hubs, Fortaco serves global customers.
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