Brief: DF Deutsche Forfait: write-down against restructuring portfolio

DF Deutsche Forfait AG

17/01/2017 12:36

Jan 17 (Reuters) - DF Deutsche Forfait AG  DFTKn.DE : 
    * Write-down against restructuring portfolio 
    * Reduced value of a receivable available to pay off 
insolvency creditors 
    * Has to write down a claim included in "restructuring 
portfolio" presented in insolvency plan dated 29 April 2016 by 
approximately 4.9 million euros  ($5.25 million) 
    * No direct implications on Group P/L 
    * Indirect effect on group result may occur if realisation 
of entire restructuring portfolio should fail to generate at 
least 24 million euros 
    * In this case, company may be obliged to make a payment of 
up to 0.8 million euros to its insolvency creditors, depending 
on actual amount generated by realisation of restructuring 
portfolio 
 
Source text for Eikon:  ID:nEQ4wp5ZX  
Further company coverage:  DFTKn.DE  
 
($1 = 0.9341 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 722 0920;))