Atlas Copco receives consent from noteholders
June 15, 2017
Stockholm, Sweden, June 15, 2017: Atlas Copco AB yesterday received the consent from holders of notes issued under its Euro Medium Term Note Program.
On May 23, 2017, Atlas Copco announced an invitation to holders of notes issued under its Euro Medium Term Note (EMTN) Program to consider waiving and amending certain terms and conditions of the notes in connection with the announced potential split of the Group in 2018. The noteholder meetings in respect of each series of notes were held yesterday and the extraordinary resolution proposed at each meeting was approved. For further information regarding the result of yesterday's meetings with noteholders, please see the attached announcement.
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Atlas Copco is a world-leading provider of sustainable productivity solutions. The Group serves customers with innovative compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools and assembly systems. Atlas Copco develops products and services focused on productivity, energy efficiency, safety and ergonomics. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 180 countries. In 2016, Atlas Copco had revenues of BSEK 101 (BEUR 11) and about 45 000 employees.