Kefren Properties IX AB
Kefren Properties IX AB, 556691-4031 (”Selskabet”) – Udløb af stand-still periode

Kefren Properties IX AB 

25.02.2011 10:49

Dissemination of a Adhoc News, transmitted by DGAP - a company of
EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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As stated in the Announcement no. 83 of 13 January 2011, the Company has
previously received a standstill letter from the senior banks, wherein the
senior banks state that they shall restrain themselves from taking any action
in relation to the loan-to-value breach until 25 February 2011. 

The Company has tried, but failed, to obtain an extension of the standstill
period. The loan has not, however, been terminated, and the Company remains in
dialogue with the senior banks in regard to finding a solution to the
loan-to-value breach. It is the expectation of the Board that a solution
remains within reach and that this solution can be presented for approval at a
later bondholder meeting. 

The Board of Directors

Please address questions relating to this Notice to Chairman Ole Vagner on
telephone +45 40254113 or via e-mail ole@vagner.dk. 



Further information about Kefren Properties IX AB is available on the Company's
website, www.kefren.se.
News Source: NASDAQ OMX



25.02.2011 DGAP's Distribution Services include Regulatory Announcements, 
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Language:     English
Company:      Kefren Properties IX AB
              
               
              Denmark
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         DK0030039300
WKN:          
 
End of Announcement                             DGAP News-Service
 
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