25.04.2024 11:16:14
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EQS-Adhoc: Adler Group S.A. reached a non-binding agreement in principle on a restructuring with bondholdersA.:
EQS-Ad-hoc: ADLER Group S.A. / Key word(s): Capital Reorganisation Disclosure of inside information pursuant to Article 17 of Regulation (EU) No. 596/2014
Adler Group S.A. reached a non-binding agreement in principle on a restructuring with bondholders Luxembourg, 25 April 2024 – Adler Group S.A. (“Adler Group” and together with its subsidiaries, the “Group”) is currently in advanced negotiations with a steering committee of bondholders (“SteerCo”) to, among others, refinance and extend existing financial indebtedness, partially subordinate existing financial indebtedness and issue instruments representing majority voting control in Adler Group to bondholders. These discussions have resulted in a non-binding agreement in principle and the parties are aiming for a lock-up agreement (“Lock-up Agreement”) to be signed with the members of the SteerCo and further bondholders of the Group in due course. Further information will be provided upon signing of a Lock-up Agreement. Whether a Lock-up Agreement will be concluded remains uncertain as the parties have not yet reached a final agreement.
Notifying Person: Gundolf Moritz, Head of Financial Communications +49 151 23680993 g.moritz@adler-group.com
Grand Duchy of Luxembourg, 25 April 2024 Adler Group S.A. Board of Directors Contact: Thierry Beaudemoulin, CEO End of Inside Information
25-Apr-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Adler Group S.A. |
55 Allée Scheffer | |
2520 Luxembourg | |
Luxemburg | |
Phone: | +352 278 456 710 |
Fax: | +352 203 015 00 |
E-mail: | investorrelations@adler-group.com |
Internet: | www.adler-group.com |
ISIN: | LU1250154413 |
WKN: | A14U78 |
Indices: | FTSE EPRA/NAREIT Global Index, FTSE EPRA/NAREIT Developed Europe Index, FTSE EPRA/NAREIT Germany Index |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; London, Luxembourg Stock Exchange, SIX |
EQS News ID: | 1889559 |
End of Announcement | EQS News Service |
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1889559 25-Apr-2024 CET/CEST
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