Questa invece è per l'IR di Lufthansa
Good morning,
I'm mr Xxxxxxx, financial advisor. I represent a large international group of Air Berlin bondholders.
One SQUARE Advisory will be our legal representative in the self administration.
We're worried and very upset; in all the statements from your company we dont find never a word about our situation.
Please keep in mind that bondholders are the most important creditors in this shameful situation.
And any proposal for an asset sale requires our opinion.
We cant tolerate that anyone will squeeze out the good from the company and leave bondholders into an empty box.
By a recent statement of mr. Worhl seems that the recovery value for bondholders could be about 5 -10%
We oppose that, strong and firmly.
We know about the situation, we are fully committed to listen some proposal of bond restructuring, With longer maturities, or other solutions like debt-equity swap.
10% is unacceptable. Air Berlin will not continue to exist on the back of bondholders.
We'll talk With media about this outrageous project.