Brief: Adler Real Estate Simplifies Financing Structure Of Subsidiary ADO Group

Adler Real Estate AG

10/02/2020 13:58

Feb 10 (Reuters) - ADLER REAL ESTATE AG  ADLG.DE :
    * BOND PREPAYMENT AT ADO GROUP AGREED AND CASH RESERVED
    * ADO GROUP WILL USE FUNDS RECEIVED TOGETHER WITH CASH ON
HAND TO
FULLY PREPAY ITS OUTSTANDING NOTES
    * SIMPLIFYING FINANCING STRUCTURE OF ITS SUBSIDIARY ADO
GROUP LTD.
BY PROVIDING SUPPORT TO PREPAYMENT OF ADO GROUP'S OUTSTANDING
NOTES

Source text for Eikon:  ID:nEQ97MGjZa 
Further company coverage:  ADLG.DE 

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