Brief: BayWa AG Secures Through-Financing Until End Of 2027

Baywa AG

31/01/2025 09:25

Jan 31 (Reuters) - BAYWA AG  BYWGnx.DE :
    * SECURES THROUGH-FINANCING UNTIL THE END OF 2027
    * OVER 95% OF FINANCIAL CREDITORS SUPPORT FINANCING CONCEPT
AND
AGREE TO CONTENT OF A LONG-TERM REORGANISATION AGREEMENT UNTIL
END OF 2027
    * NO IMPACT OF THE STARUG PROCEDURE ON OPERATING ACTIVITIES
    * STARUG NECESSARY TO INVOLVE REMAINING FEW FINANCIAL
CREDITORS IN
FINANCING SOLUTION
    * STARUG PROCEDURE ENSURES PROCESS SECURITY AND SAFEGUARDS
IMPLEMENTATION OF RESTRUCTURING
    * PROCEDURE ONLY CONCERNS PARENT COMPANY BAYWA AG
    * SUBSIDIARIES ARE NOT PART OF PROCEDURE AND THEREFORE ARE
NOT
AFFECTED

Further company coverage:  BYWGnx.DE 

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