Magle has announced a new loan facility agreement with existing bondholders, providing up to SEK60m in additional financing to support the company’s ongoing restructuring and liquidity needs. The agreement is closely linked to the previously approved covenant waiver, which remains conditional upon Magle raising at least SEK100m in aggregate net cash proceeds by 30 June 2026. We view the facility as an important component of the company’s broader refinancing plan, while also noting that additional capital will likely still be required.
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