This delays the agreed composition to gain legal force. During that time, Nynas corporate reorganisation will continue as before with the participation of the designated administrators. Nynas is expected to formally exit from the reorganisation in January 2021.
All other creditors have accepted the composition and the Swedish Tax Agency has a very small part of the total debt with SEK 9 million out of a total of more than SEK 9 billion.
The agreement with the banks and GPB on further debt write-off is not affected and for other creditors, full payment up to SEK 100,000 will be postponed until January 2021.
No other appeals can be considered as the deadline for appealing the district court's decision expired on 21 December 2020.
The general super priority right for Nynas creditors / suppliers is extended from today to 11 January 2021, see separate communication.
We will return with information as soon as a decision is announced by the Court of Appeal.
