“According to the regulations for Nasdaq Stockholm, an issuer’s financial instruments can be given observation status if there is uncertainty about the issuer’s financial position,” writes Nasdaq in a message.
On Monday, the company announced that two lenders had canceled loans totaling SEK 2.1 billion. Already on Tuesday, Oscar Properties was to repay one of the loans of SEK 1.6 billion.
But that has not happened, according to the company’s CEO Carl Janglin.
— We continue the dialogue and hope that we will find a solution, together with the lenders, he says Today’s industry.