DGAP-News

SolarWorld AG bondholders propose Dr. Ingo Scholz as independent joint representative

DGAP-News: Charles Barker Corporate Communications GmbH / Key word(s):
Bond/Capital Reorganisation
SolarWorld AG bondholders propose Dr. Ingo Scholz as independent joint
representative

15.05.2013 / 10:31

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Frankfurt, Germany, May 15, 2013 - A group of bondholders propose Dr. Ingo
Scholz as independent candidate to represent the two SolarWorld AG bonds
2010/2017 (ISIN XS0478864225) and 2011/2016 (ISIN XS0641270045). On May 22
and 23, 2013, SolarWorld AG invited all bondholders to bondholder meetings
in Bonn, Germany, where the company will present a restructuring concept
and have the bondholders vote on joint representatives for the respective
bonds. The joint representative's function is to represent the bondholders'
interests in the ongoing negotiations in regards to the company's debt
restructuring. If necessary, once elected the joint representative can hold
bondholder meetings to have a vote on bondholder contributions in the
running debt restructuring of SolarWorld AG.

Dr. Ingo Scholz is a Partner at the international law firm Ashurst LLP. He
is specialized in corporate finance and debt restructuring. Currently, he
is also acting as the joint representative of the bondholders of Praktiker
AG. In the past he acted as joint representative for bondholders e.g. in
Arcandor and Deutsche Nickel.

Dr. Ingo Scholz will be a candidate for the joint representative next to
the candidates proposed by the company itself, Alexander Elsmann from
Rechtsanwaltskanzlei ELSMANN and Frank Günther from G&P GmbH & Co. KG.

The first votes on May 22 and 23, 2013, require a quorum of 50% out of the
aggregate nominal value of each bond respectively. If this quorum is not
reached in the first vote, a second voting will be held on a separate
occasion. The second voting requires no quorum to appoint a joint
representative.

Bondholders are welcome to contact Ashurst LLP for further information and
proxy forms:

Ashurst LLP
Dr. Ingo Scholz
Fon [phone]
[e-mail]

Further information as well as the official invitation to the bondholder
meetings can be found on the SolarWorld AG website:
http://www.solarworld.de/en/investor-relations/noteholders-meeting/notehol
ders-meetings/



Media contact:
Tobias Eberle
Charles Barker Corporate Communications GmbH
Fon [phone]
[e-mail]


End of Corporate News

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15.05.2013 Dissemination of a Corporate News, transmitted by DGAP - a
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