Multitude SE Proposes Amendments to Senior Bond Terms

Multitude SE has announced an initiative to request changes to the terms of its senior unsecured floating rate bonds maturing in 2025. The company has engaged Nordic Trustee & Agency AB to manage a written procedure which seeks bondholder approval for these amendments. This procedure arises as part of a strategic plan involving the relocation of the company’s registered office from Finland to Switzerland, via Malta.

The proposal described in the notice includes transferring and converting the company to a public limited liability entity in Malta before moving to Switzerland. This move requires bondholder consent due to Finnish legal restrictions on direct relocation outside the European Economic Area while maintaining legal personality. The written procedure will conclude on June 10, 2024, with the voting deadline set for 15:00 CEST on that day. Only bondholders registered by May 31, 2024, will be eligible to vote.

Pareto Securities Oy acts as the financial advisor for this process. Detailed information and the official notice of the written procedure are available via the Company's website and direct distribution to bondholders.