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Hynion AS Faces Loan Liability Amid Bankruptcy Proceedings

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Hynion AS Faces Loan Liability Amid Bankruptcy Proceedings

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Hynion AS Class A ( (DE:36R) ) has issued an announcement.

Hynion AS has been informed by the Stockholm district court that it is liable for a project finance loan originally undertaken by its subsidiary, Hynion Sverige AB, which filed for bankruptcy. The loan, amounting to SEK 10 million, has been in default, and Hynion is now responsible for the loan amount, accrued interest, and legal costs. The company is actively engaging with lenders and creditors to negotiate a settlement and is focused on restructuring efforts to address its financial obligations.

More about Hynion AS Class A

Average Trading Volume: 5,441,487

Current Market Cap: NOK16.36M

For detailed information about 36R stock, go to TipRanks’ Stock Analysis page.

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