Picture of Adler SA logo

ADJ Adler SA News Story

0.000.00%
de flag iconLast trade - 00:00
FinancialsHighly SpeculativeMicro CapValue Trap

Brief: Adler Group Announces Results Of Consent Solicitation

Dec 20 (Reuters) - Adler Group Sa  ADJ.DE :
    * EQS-NEWS: ADLER GROUP S.A. ANNOUNCES RESULTS OF CONSENT
SOLICITATION
    * RESOLUTIONS WERE PASSED WITH REQUIRED MAJORITY REGARDING
ALL,
BUT ONE, SERIES OF NOTES
    * WITH SUPPORT OF MORE THAN 78 % OF BONDHOLDERS WHO TOOK
PART IN
CREDITOR VOTES, ADLER SHALL NOW PROCEED TO IMPLEMENT PROPOSED
CHANGES TO NOTES VIA AN ALTERNATIVE ROUTE
    * ADLER IS ENGAGED IN DISCUSSIONS WITH ITS BONDHOLDERS ON
MOST
APPROPRIATE ALTERNATIVE IMPLEMENTATION ROUTE
    * ADLER EXPECTS AN AGREEMENT TO BE REACHED AND WILL PROVIDE
FURTHER DETAILS IN DUE COURSE
    * THERE WAS OVERWHELMING SUPPORT IN FAVOUR OF CONSENT
SOLICITATION

Source text for Eikon:  ID:nEQgz59Sa 
Further company coverage:  ADJ.DE 
 ((frankfurt.newsroom@thomsonreuters.com;))

Recent news on Adler SA

See all news