Brief: Branicks Holders Of €400 Million Bond Originally Due 2026 Vote For Restructuring
Tue 10:53
BRIEF-Branicks Holders Of €400 Million Bond Originally Due 2026 Vote For Restructuring Oct 20 (Reuters) - BRANICKS GROUP AG BRNKn.DE:
NEW MATURITY DATE FOR €375 MILLION IS SEPT 30, 2030; €220 MILLION IS SEPT 30, 2038
BRANICKS GROUP AG: CREDITORS VOTE TO EXTEND MATURITY AND PAVE WAY FOR RESTRUCTURING
CREDITORS VOTE 99% IN FAVOR OF RESTRUCTURING THEIR SECURITIES
RESTRUCTURING PLAN IS SET TO TAKE EFFECT BY END OF 2026
TERMINATES CONSULTING AGREEMENTS WITH MEMBERS OF SUPERVISORY BOARD
HOLDERS OF €400 MILLION BOND ORIGINALLY DUE 2026 VOTE FOR RESTRUCTURING
Further company coverage: [BRNKn.DE]
(Gdansk Newsroom)
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