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1 June 2020

Moalem Weitemeyer assisted Rely on Nutec

Rely on Nutec, the global safety services provider, has proposed a written resolution among bondholders to amend the bond terms governing the up to EUR 100,000,000 senior secured bonds listed on Oslo Børs and issued by the company.

The amendment is part of a series of measures taken to secure liquidity, including taking on a new EUR 5.35 million working capital facility, to be guaranteed by EKF Denmark's Export Credit Agency and shareholder loans in an amount of no less than DKK 30 million

Henning Aasmul-Olsen

Partner

+45 30 37 96 50

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Dan Moalem

Partner

+45 30 37 96 10

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Joachim Buznicki Nørlem

Senior Associate

+45 30 37 96 02

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