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Adler Group S.A.
ISIN: LU1250154413
WKN: A14U78
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Adler Group S.A. · ISIN: LU1250154413 · Newswire (adhoc)
Country: Luxemburg · Primary market: Luxembourg · EQS NID: 1889559
25 April 2024 11:16AM


EQS-Ad-hoc: Adler Group S.A. / Key word(s): Capital Reorganisation
Adler Group S.A. reached a non-binding agreement in principle on a restructuring with bondholdersA.:

25-Apr-2024 / 11:16 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Disclosure of inside information pursuant to Article 17 of Regulation (EU) No. 596/2014

 

Adler Group S.A. reached a non-binding agreement in principle on a restructuring with bondholders

Luxembourg, 25 April 2024 – Adler Group S.A. (“Adler Group” and together with its subsidiaries, the “Group”) is currently in advanced negotiations with a steering committee of bondholders (“SteerCo”) to, among others, refinance and extend existing financial indebtedness, partially subordinate existing financial indebtedness and issue instruments representing majority voting control in Adler Group to bondholders.

These discussions have resulted in a non-binding agreement in principle and the parties are aiming for a lock-up agreement (“Lock-up Agreement”) to be signed with the members of the SteerCo and further bondholders of the Group in due course. Further information will be provided upon signing of a Lock-up Agreement. Whether a Lock-up Agreement will be concluded remains uncertain as the parties have not yet reached a final agreement.

 

Notifying Person:

Gundolf Moritz, Head of Financial Communications

+49 151 23680993

g.moritz@adler-group.com

 

Grand Duchy of Luxembourg, 25 April 2024

Adler Group S.A.

Board of Directors




Contact:
Thierry Beaudemoulin, CEO


End of Inside Information

25-Apr-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Adler Group S.A.
55 Allée Scheffer
2520 Luxembourg
Luxemburg
Phone: +352 278 456 710
Fax: +352 203 015 00
E-mail: investorrelations@adler-group.com
Internet: www.adler-group.com
ISIN: LU1250154413
WKN: A14U78
Indices: FTSE EPRA/NAREIT Global Index, FTSE EPRA/NAREIT Developed Europe Index, FTSE EPRA/NAREIT Germany Index
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; London, Luxembourg Stock Exchange, SIX
EQS News ID: 1889559

 
End of Announcement EQS News Service

1889559  25-Apr-2024 CET/CEST

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