EQS-Adhoc: ACCENTRO Real Estate AG announces conclusion of 'no action letter' with the bondholder of the 2021/2029 bond
Source: EQS
EQS-Ad-hoc: Essentially, the no action letter signed for the 2021/2029 bond is also intended to preclude a termination of the bond due to a breach of the limitation on net financial indebtedness and the agreed reporting obligations set out in the bond terms and conditions as well as corresponding enforcement. In addition, the no action letter essentially contains the following main provisions: The provision of certain third-party validations as a prerequisite for validity, the Company's obligation to meet certain milestones, including certain obligations to prepare a restructuring solution to be negotiated with the respective bondholders in the upcoming months, and a provisional term until
Notifying person:
The Management Board ISIN: DE000A0KFKB3 / DE000A3H3D51 / DE000A254YS5 Stock exchange: End of Inside Information
|
Language: | English |
Company: | |
Kantstr. 44/45 | |
10625 |
|
Phone: | +49 (0)30 - 887 181 - 0 |
Fax: | +49 (0)30 - 887 181 - 11 |
E-mail: | info@accentro.ag |
Internet: | www.accentro.ag |
ISIN: | DE000A0KFKB3 |
WKN: | A0KFKB |
Listed: | Regulated Market in |
EQS News ID: | 1909101 |
End of Announcement |
|
1909101 22-May-