STOCKHOLM--(BUSINESS WIRE)--On October 27, 2016, SCA (STO:SCAA) (STO:SCAB) invited holders of bonds issued under the company’s EMTN-program to agree to a substitution of counterparty from SCA to SCA Hygiene AB and to waive certain conditions in connection with the contemplated distribution of SCA Hygiene AB to its shareholders. The meeting was held today where the offer and the request were approved.
For further information regarding the result of today’s meeting with bondholders, please see: http://mb.cision.com/Public/600/2130584/836c0690d03902c0.pdf
SCA is a leading global hygiene and forest products company. The Group develops and produces sustainable personal care, tissue and forest products. Sales are conducted in about 100 countries under many strong brands, including the leading global brands TENA and Tork, and regional brands, such as Libero, Libresse, Lotus, Nosotras, Saba, Tempo, Vinda and Zewa. As Europe’s largest private forest owner, SCA places considerable emphasis on sustainable forest management. The Group has about 44,000 employees. Sales in 2015 amounted to approximately SEK 115bn (EUR 12.3bn). SCA was founded in 1929, has its headquarters in Stockholm, Sweden, and is listed on NASDAQ OMX Stockholm. For more information, visit www.sca.com.
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