Obbligazioni societarie Bond Rickmers Holding GmbH 8,875% 2018 - DE000A1TNA39 (1 Viewer)

plissken

☆J.Plissken☆
Buonasera, posto anche di quì e soltanto l'ultima parte, soprattutto per chi si è disturbato di inviare il proprio voto:

Auch die Schutzgemeinschaft der Kapitalanleger sieht die Vorgehensweise von Rickmers kritisch. Sie empfiehlt den Anlegern, an der schriftlichen Abstimmung nicht teilzunehmen. Dadurch werde Zeit gewonnen, um bis zur Präsenzversammlung, die voraussichtlich am 1. Juni stattfinden könnte, bessere Lösungen für die Gläubiger auszuhandeln.

The protection community of the capital investors also considers Rickmers' approach to be critical. It recommends that investors not participate in the written vote. This would gain time in order to negotiate better solutions for the creditors until the Annual Shareholders' Meeting, which is expected to take place on 1 June.

FONTE:
FAZ.NET
 

mistico 77

Forumer attivo
anno raggiunto solo il 17% circa del intero flottante anche se la maggioranza a votato x la ristrutturazione
( ora speriamo che possano fare una proposta migliore prima della seconda votazione
 

kevin80

Nuovo forumer
Germany’s Rickmers Group has failed to secure the majority support needed from bondholders to carry out a proposed restructuring, prompting the company to make a last ditch effort to invite bondholders for a vote again.

Bondholders voted between 8-10 May in relation to the EUR275m ($298.7m) 8.875% bonds 2013/2018 and the results did not achieve the necessary quorum of at least half of the outstanding bond capital.

In total, bondholders holding bonds representing EUR47.763m participated in the voting, corresponding to 17.37% of the outstanding bond capital, meaning that the voting was not quorate even though the majority of the participating bond capital voted in favour of the proposed restructuring plan.

“Against this background, Rickmers Holding AG will for the last time invite all bondholders to vote in favor of the restructuring plan in the so called second meeting of the bondholders in form of a physical meeting on 1 June 2017,” Rickmers stated.

Rickmers said however the second bondholders’ meeting will be effective only if the present bondholders represent at least 25% of the outstanding bond capital, in order to push through the restructuring.

“If this quorum is not achieved or the bondholders do not approve the proposed restructuring plan by a qualified majority (75% of voting rights present) the reorganisation would likely fail and the positive continuation forecast of Rickmers Holding AG would likely no longer apply,” Rickmers said.

Under the proposed restructuring, sole shareholder Bertram Rickmers is prepared to reduce his stake from 100% to 24.9% to allow key stakeholders to majority control the company.


Posted 12 May 2017
 

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