Brief: Procredit Says Creditors Of Co Agree To Changes In Terms And Conditions Of Debt Instruments

ProCredit Holding AG

23/08/2022 20:18

Aug 23 (Reuters) - ProCredit Holding AG & Co KGaA  PCZ.DE :
    * CREDITORS OF PROCREDIT HOLDING AG & CO. KGAA AGREE TO
CHANGES IN
TERMS AND CONDITIONS OF DEBT INSTRUMENTS
    * MAJORITY OF HOLDERS FURTHER RESOLVED UPON COMMITMENT OF
COMPANY
TO INCREASE EXPOSURE OF GROUP INTO PROCREDIT UKRAINE BY UP TO
EUR 50 MILLION
    * HOLDERS OF BEARER BONDS IN NOMINAL AMOUNT OF EUR 95
MILLION
AGREED TO SUSPEND  EXTRAORDINARY RIGHT OF TERMINATION UNTIL JULY
1, 2024
    * ENTERED INTO CONTRACTUAL AGREEMENTS WITH OTHER CREDITORS
TO MAKE
CONTENT WISE IDENTICAL AMENDMENTS TO TERMS OF INSTRUMENTS
    * IS IN DISCUSSIONS WITH FURTHER CREDITORS REGARDING
ADDITIONAL
CONSENTS

Source text for Eikon:  ID:nEQ2TXYsTa 
Further company coverage:  PCZ.DE 

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