Oscar Properties Says Some Subsidiaries Declare Bankruptcy

Oscar Properties says that some of its subsidiaries have declared bankruptcy, as part of the restructuring process, according to a statement.

• The subsidiaries in question are the companies owning the properties Midgard 12, Midgard 14 and Njord 6, 7 as well as Vagboden 1.
• Properties are located in Koping with a book value of SEK81.9m at end of 2023
• The Oscar Properties group consisted of about 180 companies at the end of 2023
• NOTE, June 5: Sweden’s Oscar Properties Averts Bankruptcy With Bondholder Deal
• NOTE, June 17: Oscar Properties Appoints Richard Bagge as CEO

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