Scandinavian Enviro Systems secures waiver and draws SEK 5 million under convertible loan
Scandinavian Enviro Systems has obtained a waiver from Nordic Restructuring and Growth Capital 1 and approved a first SEK 5 million drawdown under the second facility of its convertible loan agreement. The financing comes while Enviro remains in company reorganization and is intended to support general corporate purposes and continued operations. The broader agreement, signed on August 26, 2026, provides access to up to SEK 100 million divided between a SEK 35 million facility primarily intended to finance the reorganization and a SEK 65 million facility for general corporate purposes. The latest drawdown required NRGC to waive conditions that would otherwise have required Enviro’s reorganization plan to become final and non-appealable and the reorganization itself to be concluded before funds could be released. The waiver applies only to this SEK 5 million tranche and does not change the conditions governing future drawdowns.