Si ,ma io mi riferisco al mercato secondario ,perché otc minimo 100k e borse tedesche 1k?
Qualcuno lo ha letto e capito qualcosa? Io non ho trovato notizie recenti
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| Ekosem-Agrar AG / Key word(s): Bond/Capital restructuring Ekosem-Agrar AG invites you to second bondholder meetings to restructure its corporate bonds 05/07/2024 / 09:00 CET/CEST The issuer/publisher is responsible for the content of the message. Ekosem-Agrar AG invites you to second bondholder meetings to restructure its corporate bonds
Walldorf, May 7, 2024 - Ekosem-Agrar AG, the German holding company of the EkoNiva group of companies focused on milk production in Russia, invites you to the second bondholder meetings of the ESA bond 2012/2027 (ISIN: DE000A1R0RZ5 / WKN: A1R0RZ) and the ESA bond 2019 /2029 (ISIN: DE000A2YNR08 / WKN: A2YNR0) on June 3rd and 4th, 2024 in Heidelberg. As expected, bondholders with less than 50% of the outstanding bonds participated in the first bondholder meetings on May 2, 2024. This meant that there was no quorum for the first bondholder meetings. The Company calls on all bondholders to exercise their voting rights and participate in the second votes in order to achieve the quorum of 25% of the outstanding bonds now required for a quorum. Against the background of a massive change in the tax situation in Germany, the uncertain future prospects and a possible loss of economic participation in the operational business in Russia, the restructuring is necessary because, from the company's perspective, the risks of a total loss for the bondholders have increased significantly. The restructuring concept gives them the opportunity to get at least part of their investment back. The proposed measures essentially include the sale and transfer of the outstanding bonds including accrued interest at a purchase price of EUR 300.00 per bond with a nominal value of EUR 1,000.00. Management plans to merge the German holding company with the operational business located exclusively in Russia. To this end, the shares in the Russian intermediate holding companies are to be sold to a Russian acquiring company. Discussions are also continuing with potential equity investors in Russia who intend to invest up to EUR 100 million in the acquiring company. All investors place their investment on the condition that the bonds are restructured and the intermediate holding companies are sold to a Russian company. Against the background of the geopolitical developments and the associated economic problems of the issuer, the further development of which is hardly foreseeable for the bondholders, as well as in view of the stock market price of the ESA bonds before the publication of the first invitations to bondholder meetings on April 8, 2024, we welcome both Joint representatives, the creditors' advisory board and the investor protection association (SdK) approved the restructuring concept for the ESA bonds proposed by the issuer. Together, however, they point out that they themselves ultimately cannot assess the economic appropriateness of the purchase price for the ESA bonds due to the special circumstances and that each bondholder must therefore make their own decision. The invitations to the second bondholders' meetings will be published today in the Federal Gazette. In addition to other documents for participating in the vote, they are already on the company's website at AGV 2012/2027 or AGV 2019/2029 available. |
