AI Terminal
Accentro Real Estate AG
Capital/Financing Update • Jul 16, 2024
12_rns_2024-07-16_f820f703-4c53-48df-943b-b6785533a0d6.html
Capital/Financing Update
Open in ViewerOpens in native device viewer
News Details
Ad-hoc | 16 July 2024 23:41
ACCENTRO Real Estate AG informs about the planned deferral of the interest due in August re. the 2020/2026 bond and the status of the ongoing negotiations with bondholders
Accentro Real Estate AG / Key word(s): Financing/Real Estate
ACCENTRO Real Estate AG informs about the planned deferral of the interest due in August re. the 2020/2026 bond and the status of the ongoing negotiations with bondholders
16-Jul-2024 / 23:41 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
ACCENTRO Real Estate AG informs about the planned deferral of the interest due in August re. the 2020/2026 bond and the status of the ongoing negotiations with bondholders
Berlin, 16 July 2024 – ACCENTRO Real Estate AG (the “Company”) announces that negotiations on a restructuring solution to secure the Company’s continued existence with a group of significant bondholders of the 2020/2026 bond (ISIN DE000A254YS5 / WKN A254YS, “2020/2026 bond”) and the bondholder of the 2021/2029 bond (ISIN DE000A3H3D51 / WKN A3H3D5, “2021/2029 bond”) are ongoing. To avoid prejudicing these negotiations, the Company intends, as a purely precautionary measure, to initiate proceedings to obtain approval with regard to a deferral of the interest due in August on the 2020/2026 bond until 13 December 2024 in accordance with the German Bond Act (“Schuldverschreibungsgesetz”). For the same reason, the Company intends to simultaneously obtain the consent of the bondholder of the 2021/2029 bond regarding the deferral of the interest due in September on the 2021/2029 bond until 20 December 2024, on the condition that the consent of the bondholders of the 2020/2026 bond is granted as requested. Corresponding announcements will be made available to the bondholders of the 2020/2026 bond in due course.
Notifying person:
Thomas Eisenlohr, Head of Investor Relations
Phone: +49 (0)30 887181272
Berlin, the 16 July 2024
The Management Board
ACCENTRO Real Estate AG
Kantstrasse 44/45
D-10625 Berlin
ISIN: DE000A0KFKB3 / DE000A3H3D51 / DE000A254YS5
Stock exchanges: Frankfurt Stock Exchange, regulated market (Prime Standard) / Luxembourg Stock Exchange
End of Inside Information
16-Jul-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
| Language: | English |
| Company: | Accentro Real Estate AG |
| Kantstr. 44/45 | |
| 10625 Berlin | |
| Germany | |
| Phone: | +49 (0)30 – 887 181 – 0 |
| Fax: | +49 (0)30 – 887 181 – 11 |
| E-mail: | [email protected] |
| Internet: | www.accentro.ag |
| ISIN: | DE000A0KFKB3 |
| WKN: | A0KFKB |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1947625 |
| End of Announcement | EQS News Service |