Brief: DF Deutsche Forfait restructuring concept cleard with banks
05/03/2015 17:46
March 5 (Reuters) - Df Deutsche Forfait Ag DE6G.DE
* DF Deutsche Forfait said way to implementation of the
restructuring concept finally cleared
* Says has come to an agreement on collateralisation of DF
Deutsche Forfait AG's lenders with lender banks
* Says can now implement planned restructuring measures, in
particular amendment of bond terms and conditions
* Cornerstone of this agreement is pari passu
collateralisation of claims of banks and holders of 2013/20 bond
* Says any increase in banks' risk beyond current exposure
as well as eur 15 million debt to be raised with further lenders
* Joint representative will endorse resolutions of
bondholders' meeting of 19 february 2015
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