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Eltel Wins Bondholder Backing for Amendments to EUR 130 Million Secured Notes

Story Highlights
  • Eltel obtained bondholder approval to amend terms on its EUR 130 million senior secured floating rate bonds.
  • The company will pay a consent fee to eligible bondholders, reflecting active management of its capital structure and creditor relations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Eltel Wins Bondholder Backing for Amendments to EUR 130 Million Secured Notes

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Eltel AB ( (SE:ELTEL) ) has shared an update.

Eltel AB has secured bondholder approval to amend certain terms of its EUR 130 million senior secured floating rate bonds following the successful completion of a written procedure initiated in December 2025. A sufficient quorum was reached and the required majority of bondholders voted in favour of the proposal, clearing the way for the changes and prompting Eltel to pay a consent fee to eligible bondholders via Euroclear Sweden later in January, a step that underscores ongoing active management of its capital structure and engagement with creditors.

The most recent analyst rating on (SE:ELTEL) stock is a Hold with a SEK9.50 price target. To see the full list of analyst forecasts on Eltel AB stock, see the SE:ELTEL Stock Forecast page.

More about Eltel AB

Eltel is a leading Nordic service provider for critical infrastructure, delivering services and turnkey solutions for high-performing communication and power networks and renewable energy. With 4,500 employees across the Nordics, Germany and Lithuania, the Sweden-headquartered group supports digitalization and electrification, generated net sales of EUR 828.7 million in 2024, and is listed on Nasdaq Stockholm.

Average Trading Volume: 62,318

Technical Sentiment Signal: Buy

Current Market Cap: SEK1.42B

See more data about ELTEL stock on TipRanks’ Stock Analysis page.

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