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Stockholm based Maximum Entertainment AB has entered a restructuring term sheet with its main lender
Stockholm based Maximum Entertainment AB has entered a restructuring term sheet with its main lender, Olivine Holdings, LLC, to overhaul its capital structure and avoid full insolvency.

The company, headquartered in Stockholm, is utilising a restructuring term sheet to address its insolvency-related issues, having been in payment default on its term loan facilities since Q3 2024. The Company has signed a Term Sheet with its main lender, Olivine Holdings, LLC, aimed at achieving a long-term capital structure and operational stability.

The restructuring involves a group reorganization where a new U.S. entity will assume the operating subsidiaries. The Group's $44.3 million outstanding debt to the lender will be exchanged or cancelled, and Maximum Entertainment AB's guarantees will be released. Olivine are providing a $2.1 credit line to ensure short-term liquidity and enabling operations to continue. 

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