Ever since the world's financial markets collapsed in the early 1930s, dividend-linked participating debentures and principal-linked participating debentures (Sw. vinstandelslån och kapitalandelslån) have been prohibited for Swedish companies. However, the new Swedish Companies Act that came into effect on January 1 2006 made it possible again for Swedish limited liability companies to issue debentures. The Act has already been reviewed in certain respects and, as a part that review, the conditions for issuing debentures somewhat modified.
September 30 2007