Keystone Academic Solutions AS announces successful completion of written resolution.
Oslo, 7 October 2026 – On 21 September 2026, Keystone Academic Solutions AS (the “Company”) announced that it had initiated a written resolution in relation to its FRN senior secured bonds 2025/2029 with ISIN NO0013462671 (the “Bonds”) (the “Written Resolution”) requesting the holders of Bonds to approve certain amendments to the terms and conditions of the Bonds (the “Proposals”). The full details of the Proposals are set out in the notice of the Written Resolution.
A sufficient number of Bondholders has participated in the Written Resolution and a requisite majority voted in favour of the Proposals. The Company therefore announces that the Proposals have been approved.
Implementation of the approved amendments is conditional upon the Company receiving no less than NOK 94,795,000 (or the equivalent amount in other currencies) in new equity by way of subordinated loans, shareholder contributions and/or issuance of new shares or other equity instruments by no later than 31 December 2026 (the “Condition”). Upon satisfaction of the Condition, the Company will initiate the implementation of the contemplated amendments as set out in the notice of Written Resolution.
Contact person:
Kenneth Hanssen