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Acron Completes Early Bond Redemption

Holders of Acron’s Series 02, 03, 04 and 05 bonds were allowed to submit them for early redemption pursuant to a resolution of Acron’s general meeting on the Company’s reorganisation through accession of its subsidiary Granit and on reduction of the Company’s authorised capital, and due to the subsequent termination of Granit, which was the guarantor for Series 02 and 03 bonds.

Under the bond holders’ requests submitted by the deadline, Acron redeemed 36,082 of Series 02, 1,380,029 of Series 04 and 1,997,215 of Series 05 bonds.