Maximum Entertainment Secures Capital For Financial And Operational Restructuring

About this update from Maximum Entertainment Ab Class B

Maximum Entertainment AB (publ) OMXSTO:MAXENT_B:SAID ON TUESDAY MAXIMUM ENTERTAINMENT ENTERS INTO RESTRUCTURING TERM SHEET TO SECURE FOR LONG-TERM CAPITAL STRUCTURE AND GROUP REORGANIZATIONRESTRUCTURING TERM SHEET WITH ONE OF ITS MAIN LENDERS, OLIVINE HOLDINGSNEW HOLDING ENTITY IN UNITED STATES WILL BE FORMEDUPON COMPLETION OF RESTRUCTURING, LENDER WILL OWN 67.5% OF NEWCO AND 32.5% WILL BE OWNED BY MAXIMUM ENTERTAINMENT LINE OF CREDIT FINANCING OF USD 2.1 MILLION WILL BE PROVIDED BY LENDER Source text for Workspace: Further company coverage: [MAXENTb.ST]

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