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    CEDC Central Europ.Distri. $ WKN: 916901 ISIN: US1534351028 Tabak & Vodka & Distille CEDC Central Eu - 500 Beiträge pro Seite

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      schrieb am 28.03.13 16:20:08
      Beitrag Nr. 1 ()
      CEDC Central Europ.Distri. $ WKN: 916901 ISIN: US1534351028 Tabak & Vodka & Distille

      Tabak & Vodka & Distillers/Alcohol Products is a very profitable Worldwide Business $$$

      Central European Distribution Corp , one of the world's largest vodka producers, said it has scrapped a bond exchange after a rival company owned by its chairman made its own offer for the same notes

      $$$$$$$ STRONG BUY & STRONG LONG $$$$$$$$
      About CEDC

      http://www.cedc.com/en/about-us" target="_blank" rel="nofollow ugc noopener">http://www.cedc.com/en/about-us

      We are one of the world’s largest vodka producers. We maintain leading positions in all of our key markets: Poland, Russia and Hungary. Our brand portfolio includes valuable and recognized brands like BOLS, Żubrówka, Absolwent and Soplica in Poland; Green Mark and Parliament in Russia; and Royal Vodka in Hungary. Each of these is a leader of their segment in those markets.


      $$$$$$$$$$

      CENTRAL EUROPEAN DISTRIBUTION Aktie
      WKN: 916901
      ISIN: US1534351028
      Symbol: CEDC
      Typ: Aktie
      Company Website: http://www.cedc.com/en

      Very Tight/Explosiv $$$

      Market Cap 51.30M
      Outstanding 78.76M
      Float 68.69M
      Short Interest 9.34M
      Short % of Float 13.6 %
      Insider B/S 4,000
      Inst % Owned 36 %
      Exchange NASDAQ

      Sector/Division: Tabak & Distillers/Alcohol Produkts


      History price per Chaare: Over $ 75,00 $ US Dollar /Price per Share in 2008.

      Boersenplatz/Exchange:


      Frankfurt/Germany
      NASDAQ/USA

      Major Direct Holders (Forms 3 & 4) &
      Top Institutional Holders
      Top Mutual Fund Holders

      http://uk.finance.yahoo.com/q/mh?s=CEDC

      Details
      Index Membership: N/A
      Sector: Consumer Goods
      Industry: Beverages - Wineries & Distillers
      Full Time Employees: 4,489

      Current News:

      Central European Distribution Corporation Announces Exchange Offers to Holders of Certain Notes
      Date : 02/25/2013 @ 5:40PM
      Source : PR Newswire (US)
      Stock : Central European Distribution Corp. (MM) (CEDC)
      Quote : 0.6513 0.0282 (4.53%) @ 8:00PM

      Central European Distribution Corporation Announces Exchange Offers to Holders of Certain Notes

      Central European Distribution (NASDAQ:CEDC)
      Intraday Stock Chart

      Today : Tuesday 26 February 2013
      Click Here for more Central European Distribution Charts.

      MT. LAUREL, N.J., Feb. 25, 2013 /PRNewswire/ -- Central European Distribution Corporation (NASDAQ: CEDC) announced today that the Company and its subsidiary CEDC Finance Corporation International, Inc. have launched exchange offers to holders of their outstanding Convertible Senior Notes due 2013 and Senior Secured Notes due 2016. The exchange offers are part of a financial restructuring that contemplates a reduction of senior note debt by more than $750 million.

      The exchange offers were prompted in part by the impending March 15, 2013 maturity of the Convertible Senior Notes. Moreover, the Company believes that a successful restructuring of both the Convertible Senior Notes and the Senior Secured Notes will improve its financial strength and flexibility and enable it to focus on maximizing the value of its strong brands and market position. The Company is engaged in ongoing and constructive discussions with representatives of its major stakeholders about the terms of the exchange offers.

      Separately, the Company has been informed that a committee of holders of the 2016 Senior Secured Notes and Roust Trading Ltd. (RTL), a major CEDC investor, have proposed an alternative to the Company's exchange offers. The alternative proposal has not been formally presented to the CEDC Board of Directors, and the Board therefore has taken no position on it. However, the terms of the alternative proposal are summarized in the same Offering Memorandum that the Company is providing to Note holders to describe the Company's exchange offers.

      Under the Company's exchange offers, which expire at 11:59 PM, New York City Time, on March 22, 2013:

      Holders of the outstanding 3% Convertible Senior Notes Due 2013 issued by CEDC will receive in exchange for each $1,000 principal amount of their notes 8.86 new shares of CEDC common stock.
      Holders of the outstanding 9.125% Senior Secured Notes due 2016 issued by CEDC Finance Corporation International, Inc. will receive in exchange for each $1,000 principal amount of their notes 16.52 new shares of CEDC common stock and $508.21 principal amount of 6.5% Senior Secured Notes due 2020.
      Holders of the outstanding 8.875% Senior Secured Notes due 2016 issued by CEDC Finance Corporation International, Inc. will receive in exchange for each €1,000 principal amount of their notes 22.18 new shares of CEDC common stock and $682.37 principal amount of 6.5% Senior Secured Notes due 2020.

      Holders of both the Dollar and Euro classes of Senior Secured Notes are being solicited, subject to the same deadline, to approve certain amendments to the indenture governing their Notes, and holders of both the Convertible Senior Notes and the Senior Secured Notes are being solicited, again subject to the same deadline, to approve a back-up Chapter 11 Plan of Reorganization.

      Assuming 100% participation in the exchange offers, holders of the Senior Secured Notes collectively would receive 65% of the common stock in CEDC. The Senior Secured Notes, with a current outstanding principal balance of approximately $957 million (assuming an exchange rate of $1.3427 to €1.00), would be replaced with $500 million aggregate principal amount of new 6.5% Senior Secured Notes due 2020 referred to above. Holders of the Convertible Senior Notes, with a current outstanding principal balance of approximately $258 million, and RTL, which is owed $20 million in unsecured notes, together would share pro rata in 10% of CEDC's common stock. A separate $50 million secured credit facility provided by RTL would be converted into 20% of CEDC's common stock.

      CEDC's recent business performance has been positive, and the Company is optimistic about future results. However, current enterprise value is insufficient to cover the debt and hence distributions to creditors will not be enough to pay them in full. CEDC nevertheless has structured a proposal that affords an opportunity for its shareholders to participate in the upside of the Company's turnaround. Accordingly, existing shareholders are being offered a 5% stake in the reorganized Company.

      The final direction of the restructuring will be based on the outcome of the solicitation process. If sufficient Notes are tendered in the exchange and shareholders approve the plan, CEDC will consummate the exchange offers. Alternatively, the Company may choose to effectuate the restructuring through a fall-back, pre-packaged Plan of Reorganization through a filing in the U.S. Bankruptcy Court for the District of Delaware. Absent requisite support for the Plan, the Company may be forced to explore other immediate alternatives.

      If the Company decides to make a bankruptcy filing to effectuate its Plan of Reorganization, it is not expected to affect CEDC's operations in Poland, Hungary, Russia or Ukraine. The Company will have sufficient cash and resources on hand to ensure that its business will continue as usual and all obligations to employees, vendors, and providers of credit support lines in Poland, Hungary, Russia and Ukraine will be honored in the ordinary course of business.

      The exchange offers are subject to the satisfaction or waiver of certain conditions set forth in the Offering Memorandum, dated February 25, 2013 (the "Offering Memorandum"), including but not limited to a minimum tender condition. Subject to applicable law, CEDC may amend, extend or waive conditions to, or terminate, the exchange offers. Full details of the terms and conditions of the exchange offers are described in the Offering Memorandum and the Letter of Transmittal for each of the Convertible Notes and the Senior Secured Notes, which are being sent to the respective holders of such Notes. As mentioned above, the Offering Memorandum also contains a summary of key terms of the alternative proposal being put forward by the committee of 2016 Senior Secured Notes holders and RTL.

      CEDC has filed today a Tender Offer Statement on Schedule TO, together with the Offering Memorandum and related Letters of Transmittal that are exhibits to the Tender Offer Statement on Schedule TO, with the Securities and Exchange Commission ("SEC"). Each such document, as well as any amendments, supplements or additional exhibits thereto, are available, free of charge, from the SEC's website at www.sec.gov. Note holders are encouraged to read these documents, as they contain important information regarding the tender offer.

      Requests for the Offering Memorandum and other documents relating to the Exchange Offers may be directed to Garden City Group, the information and exchange agent for the exchange offers, at (800) 878-1684 (toll-free North America) or (614) 763-6110 (direct-dial toll international).

      None of CEDC, CEDC Finance Corporation International, Inc., or the information and exchange agent makes any recommendation as to whether holders should tender their notes pursuant to the exchange offers. Each holder must make its own decision as to whether to tender its notes and, if so, the principal amount of the notes to be tendered.

      This press release is for informational purposes only and is neither an offer to buy nor a solicitation of an offer to sell the notes or any other securities of CEDC.

      The exchange offers are being made pursuant to an exemption from registration under Section 3(a)(9) of the Securities Act of 1933. The exchange offers are only being made pursuant to the Offering Memorandum and the related Letters of Transmittal. The exchange offers are not being made to noteholders in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction.

      Contact:
      Thomas Mulligan
      thomas_mulligan@sitrick.com
      212-573-6100

      SOURCE Central European Distribution Corporation

      Copyright 2013 PR Newswire

      Business Summary

      Central European Distribution Corporation, together with its subsidiaries, produces, imports, and sells alcoholic beverages in Poland, Hungary, and the Russian Federation. It produces and sells vodka primarily under the Absolwent, Zubrówka, Zubrówka Biala, Bols, Palace, Soplica, Green Mark, Parliament, Zhuravli, Royal, and Talka brand names. It also imports spirits, wines, and beers of various brands, including Jim Beam Bourbon, Campari, Jägermeister, Remy Martin Cognac, Corona, Budweiser (Budvar), E&J Gallo wines, Carlo Rossi wines, Sutter Home wines, Metaxa Brandy, Sierra Tequila, Teacher’s Whisky, Cinzano, Old Smuggler, Grant’s Whisky, Concha y Toro wines, Paul Masson wines, Jose Cuervo tequila, and Great Valley brandy. In addition, the company exports its products principally to Ukraine, the Baltics, the Commonwealth of Independent States, the United States, Japan, the United Kingdom, and France. Central European Distribution Corporation was founded in 1990 and is based in Mount Laurel, New Jersey

      Central European Distribution Corp.
      3000 Atrium Way
      Suite 265
      Mount Laurel, NJ 08054
      United States - Map
      Phone: 856-273-6980
      Fax: 856-273-6996
      Website: http://www.cedc.com/en

      http://ih.advfn.com/p.php?pid=nmona&article=56490235

      Major Holders Get Major Holders for:
      Breakdown
      % of Shares Held by All Insider and 5% Owners: 20%
      % of Shares Held by Institutional & Mutual Fund Owners: 25%
      % of Float Held by Institutional & Mutual Fund Owners: 32%
      Number of Institutions Holding Shares: 81

      Major Direct Holders (Forms 3 & 4)
      Holder Shares Reported
      ROUST TRADING LTD. 12,920,411 7 May 2012
      CAREY WILLIAM V 2,447,249 1 Jan 2012
      LEE RYAN 179,000 22 Jan 2013
      WINTERTON GRANT 160,000 10 Jan 2013
      EVANGALOU EVANGELOS 134,719 1 Jan 2012

      Top Institutional Holders
      Holder Shares % Out Value* Reported
      Vanguard Group, Inc. (The) 3,655,181 4.64 7,931,742 31 Dec 2012
      BlackRock Institutional Trust Company, N.A. 1,876,838 2.38 4,072,738 31 Dec 2012
      BlackRock Fund Advisors 1,516,287 1.93 3,290,342 31 Dec 2012
      State Street Corporation 1,233,915 1.57 2,677,595 31 Dec 2012
      Dimensional Fund Advisors LP 1,050,900 1.33 2,280,453 31 Dec 2012
      Northern Trust Corporation 886,240 1.13 1,923,140 31 Dec 2012
      CALPERS (California-Public Employees Retirement System) 743,620 0.94 1,613,655 31 Dec 2012
      Bank of America Corporation 663,374 0.84 1,439,521 31 Dec 2012
      Knightsbridge Asset Management, LLC 403,200 0.51 874,944 31 Dec 2012
      Bank of New York Mellon Corporation 398,795 0.51 865,385 31 Dec 2012

      Top Mutual Fund Holders
      Holder Shares % Out Value* Reported
      Vanguard Small-Cap Index Fund 1,083,961 1.38 3,089,288 30 Sep 2012
      iShares Russell 2000 Index Fund 873,123 1.11 1,894,676 31 Dec 2012
      Vanguard Total Stock Market Index Fund 819,306 1.04 2,335,022 30 Sep 2012
      Vanguard Small Cap Value Index Fund 595,773 0.76 1,697,953 30 Sep 2012
      Vanguard Extended Market Index Fund 571,166 0.73 1,627,823 30 Sep 2012
      iShares Russell 2000 Value Index Fund 462,992 0.59 1,004,692 31 Dec 2012
      AXA Premier VIP Multimanager Mid Cap Value Portfolio 407,503 0.52 1,161,383 30 Sep 2012
      Vanguard Consumer Staples Index Fund 261,350 0.33 441,681 30 Nov 2012
      College Retirement Equities Fund-Stock Account 248,629 0.32 708,592 30 Sep 2012
      DFA Tax Managed U.S. Targeted Value Port 195,685 0.25 504,867 31 Oct 2012

      http://www.cedc.com/en


      Central European Distribution Corporation Announces Exchange Offers to Holders of Certain Notes

      23:45 25.02.13

      PR Newswire

      MT. LAUREL, N.J., Feb. 25, 2013

      MT. LAUREL, N.J., Feb. 25, 2013 /PRNewswire/ -- Central European Distribution Corporation (NASDAQ: CEDC) announced today that the Company and its subsidiary CEDC Finance Corporation International, Inc. have launched exchange offers to holders of their outstanding Convertible Senior Notes due 2013 and Senior Secured Notes due 2016. The exchange offers are part of a financial restructuring that contemplates a reduction of senior note debt by more than $750 million.

      The exchange offers were prompted in part by the impending March 15, 2013 maturity of the Convertible Senior Notes. Moreover, the Company believes that a successful restructuring of both the Convertible Senior Notes and the Senior Secured Notes will improve its financial strength and flexibility and enable it to focus on maximizing the value of its strong brands and market position. The Company is engaged in ongoing and constructive discussions with representatives of its major stakeholders about the terms of the exchange offers.

      Separately, the Company has been informed that a committee of holders of the 2016 Senior Secured Notes and Roust Trading Ltd. (RTL), a major CEDC investor, have proposed an alternative to the Company's exchange offers. The alternative proposal has not been formally presented to the CEDC Board of Directors, and the Board therefore has taken no position on it. However, the terms of the alternative proposal are summarized in the same Offering Memorandum that the Company is providing to Note holders to describe the Company's exchange offers.

      Under the Company's exchange offers, which expire at 11:59 PM, New York City Time, on March 22, 2013:

      Holders of the outstanding 3% Convertible Senior Notes Due 2013 issued by CEDC will receive in exchange for each $1,000 principal amount of their notes 8.86 new shares of CEDC common stock.
      Holders of the outstanding 9.125% Senior Secured Notes due 2016 issued by CEDC Finance Corporation International, Inc. will receive in exchange for each $1,000 principal amount of their notes 16.52 new shares of CEDC common stock and $508.21 principal amount of 6.5% Senior Secured Notes due 2020.
      Holders of the outstanding 8.875% Senior Secured Notes due 2016 issued by CEDC Finance Corporation International, Inc. will receive in exchange for each ¤1,000 principal amount of their notes 22.18 new shares of CEDC common stock and $682.37 principal amount of 6.5% Senior Secured Notes due 2020.

      Holders of both the Dollar and Euro classes of Senior Secured Notes are being solicited, subject to the same deadline, to approve certain amendments to the indenture governing their Notes, and holders of both the Convertible Senior Notes and the Senior Secured Notes are being solicited, again subject to the same deadline, to approve a back-up Chapter 11 Plan of Reorganization.

      Assuming 100% participation in the exchange offers, holders of the Senior Secured Notes collectively would receive 65% of the common stock in CEDC. The Senior Secured Notes, with a current outstanding principal balance of approximately $957 million (assuming an exchange rate of $1.3427 to ¤1.00), would be replaced with $500 million aggregate principal amount of new 6.5% Senior Secured Notes due 2020 referred to above. Holders of the Convertible Senior Notes, with a current outstanding principal balance of approximately $258 million, and RTL, which is owed $20 million in unsecured notes, together would share pro rata in 10% of CEDC's common stock. A separate $50 million secured credit facility provided by RTL would be converted into 20% of CEDC's common stock.

      CEDC's recent business performance has been positive, and the Company is optimistic about future results. However, current enterprise value is insufficient to cover the debt and hence distributions to creditors will not be enough to pay them in full. CEDC nevertheless has structured a proposal that affords an opportunity for its shareholders to participate in the upside of the Company's turnaround. Accordingly, existing shareholders are being offered a 5% stake in the reorganized Company.

      The final direction of the restructuring will be based on the outcome of the solicitation process. If sufficient Notes are tendered in the exchange and shareholders approve the plan, CEDC will consummate the exchange offers. Alternatively, the Company may choose to effectuate the restructuring through a fall-back, pre-packaged Plan of Reorganization through a filing in the U.S. Bankruptcy Court for the District of Delaware. Absent requisite support for the Plan, the Company may be forced to explore other immediate alternatives.

      If the Company decides to make a bankruptcy filing to effectuate its Plan of Reorganization, it is not expected to affect CEDC's operations in Poland, Hungary, Russia or Ukraine. The Company will have sufficient cash and resources on hand to ensure that its business will continue as usual and all obligations to employees, vendors, and providers of credit support lines in Poland, Hungary, Russia and Ukraine will be honored in the ordinary course of business.

      The exchange offers are subject to the satisfaction or waiver of certain conditions set forth in the Offering Memorandum, dated February 25, 2013 (the "Offering Memorandum"), including but not limited to a minimum tender condition. Subject to applicable law, CEDC may amend, extend or waive conditions to, or terminate, the exchange offers. Full details of the terms and conditions of the exchange offers are described in the Offering Memorandum and the Letter of Transmittal for each of the Convertible Notes and the Senior Secured Notes, which are being sent to the respective holders of such Notes. As mentioned above, the Offering Memorandum also contains a summary of key terms of the alternative proposal being put forward by the committee of 2016 Senior Secured Notes holders and RTL.

      CEDC has filed today a Tender Offer Statement on Schedule TO, together with the Offering Memorandum and related Letters of Transmittal that are exhibits to the Tender Offer Statement on Schedule TO, with the Securities and Exchange Commission ("SEC"). Each such document, as well as any amendments, supplements or additional exhibits thereto, are available, free of charge, from the SEC's website at www.sec.gov. Note holders are encouraged to read these documents, as they contain important information regarding the tender offer.

      Requests for the Offering Memorandum and other documents relating to the Exchange Offers may be directed to Garden City Group, the information and exchange agent for the exchange offers, at (800) 878-1684 (toll-free North America) or (614) 763-6110 (direct-dial toll international).

      None of CEDC, CEDC Finance Corporation International, Inc., or the information and exchange agent makes any recommendation as to whether holders should tender their notes pursuant to the exchange offers. Each holder must make its own decision as to whether to tender its notes and, if so, the principal amount of the notes to be tendered.

      This press release is for informational purposes only and is neither an offer to buy nor a solicitation of an offer to sell the notes or any other securities of CEDC.

      The exchange offers are being made pursuant to an exemption from registration under Section 3(a)(9) of the Securities Act of 1933. The exchange offers are only being made pursuant to the Offering Memorandum and the related Letters of Transmittal. The exchange offers are not being made to noteholders in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction.

      Contact:

      Thomas Mulligan
      thomas_mulligan@sitrick.com
      SOURCE Central European Distribution Corporation
      http://ih.advfn.com/p.php?pid=squote&symbol=CEDC

      STRONG BUY STRONG LONG $$$ TARGET: 80,00 - 100,00 Euro+ $$$$
      1 Antwort
      Avatar
      schrieb am 28.03.13 16:42:31
      Beitrag Nr. 2 ()
      Antwort auf Beitrag Nr.: 44.325.119 von Jantom am 28.03.13 16:20:08STRONG BUY STRONG LONG $$$ TARGET: 80,00 - 100,00 Euro+ $$$$

      Dausend !!!!
      Avatar
      schrieb am 29.03.13 07:29:06
      Beitrag Nr. 3 ()
      Bei CEDC ist aber noch wesentlich mehr los gewesen die letzten Tage, siehe anderer Restrukturierungsvorschlag der A1-Group und dessen Rücknahme.

      Wenn die 1,3 Mrd USD Schulden auf 500 Mio runtergehen, verschwinden zwar 800 Mio (und einige Zinsbelastungen), aber die neuen Aktien entsprächen 95% der umstrukturierten Company, d.h. die jetzige MktCap bei Kurs 0.33 USD von 25 (28?) Mio =5% wäre hochgerechnet auf 100% schon wieder 500-560 Mio., also gar nicht mehr so viel Upside für das Risiko.

      Dann noch die Aussichten für den Spirituosenkonsum in Rußland, wo 2/3 des Umsatzes von CEDC gemacht werden:
      http://english.pravda.ru/business/companies/21-11-2012/12288…

      Also wirklich nur als Kurzfristzock geeignet.
      Avatar
      schrieb am 29.03.13 10:08:23
      Beitrag Nr. 4 ()
      Ich meinte natürlich "... gar nicht mehr so viel Upside-Potential im Vergleich zum hohen Risiko" und "höchstens als Kurzfristzock geeignet".


      Noch was: die (doppelte) Meldung in #1 stammt bereits vom 25. Februar.
      Damals lag der Kurs mit 0.65 USD sogar doppelt so hoch wie zuletzt, ergo ebenfalls doppelt (>1 Mrd USD) die implizierte Marktkapitalisierung nach Umtausch der Bonds.

      Das genannte Kursziel, ersichtlich nicht zur Meldung gehörend, Quelle unklar, von 80-100 EUR, was eine MktCap deutlich jenseits 100 Mrd USD bedeuten würde, ist wohl dem Wodka von CEDC geschuldet.
      Selbst 80-100 Euro-Cent wären zu viel, sollte nicht noch ein völlig anderer Deal rauskommen, was unwahrscheinlich ist.
      Avatar
      schrieb am 29.03.13 16:19:14
      Beitrag Nr. 5 ()
      CEDC - BIG NEWS:
      Source: Russia’s tycoon Tariko remaining contender to rescue CEDC

      MOSCOW, Mar 29 (PRIME) -- Russian investment companyA1 has recalled its offer to restructure the debts of Polish vodka maker CEDC, leaving businessman Rustam Tariko the only remaining contender to rescue the firm, a source with knowledge of the situation told PRIME late on Thursday.

      CEDC had to repay U.S. $257.9 million worth of unsecured bonds on March 15, but the company informed creditors that it has no money and postponed making a decision on the restructuring of its debt to April 4. CEDC’s total debt stands at $1.2 billion, of which $957 million are in the form of secured bonds maturing in 2016.

      The bond holders suggested raising A1’s investments by $50 million to $330 million in exchange for a 100% stake in CEDC.

      “This factor makes participating in restructuring senseless. The ceaseless boosting of payments destroys the benefit of investment,” the source said.

      Tariko’s Roust Trading Ltd (RTL) offered to pay $172 million in cash to the holders of bonds maturing in 2016 and change the rest for $650 million bonds maturing in 2018. Tariko would then drive his stake in CEDC to over 95%, compared with his current 19.5%.

      The source said that Tariko and A1 had agreed that the latter would withdraw his candidacy, so as to prevent a hike in the proposed investments.

      End
      29.03.2013 09:31

      LINK: http://www.1prime.biz/news/archive/_Source_Russias_tycoon_Ta…

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      Avatar
      schrieb am 29.03.13 16:20:32
      Beitrag Nr. 6 ()
      NICE $$$

      Competing Consortium Withdraws Restructuring Proposal for CEDC; CEDC Reaffirms Support for RTL Restructuring Proposal
      Print
      Alert
      Central European Distribution (NASDAQ:CEDC)
      Intraday Stock Chart

      Today : Friday 29 March 2013
      Click Here for more Central European Distribution Charts.

      WARSAW, Poland, March 28, 2013 /PRNewswire/ -- Central European Distribution Corporation (NASDAQ: CEDC) announced today that it received notice from A1 Investment Company, the SPI Group and Mark Kaufman (the "Consortium") that they are withdrawing their restructuring proposal for CEDC.

      The Consortium proposal had been announced as an alternative to a restructuring proposal agreed between CEDC and Roust Trading Ltd. ("RTL"), a significant CEDC debt and equity holder and strategic partner.

      CEDC notes the withdrawal of the Consortium proposal and confirms that it has not received any further alternative proposals from third parties. CEDC reaffirms its support of the RTL proposal.

      The RTL proposal contemplates the exchange offer, consent solicitation and solicitation of votes for a pre-packaged plan of reorganization (the "Restructuring Transactions") currently being conducted by CEDC.

      The Restructuring Transactions currently have the support of a committee of holders of CEDC's outstanding Senior Convertible Notes due 2013 (the "2013 Notes"), who have announced that they, together with RTL, collectively hold approximately 73% of the outstanding principal amount of the 2013 Notes.

      The Restructuring Transactions also have the full support of a committee of holders of Senior Secured Notes due 2016 issued by a CEDC finance subsidiary (the "2016 Notes"). The advisors to the 2016 Steering Committee have previously informed CEDC that, in the 2016 Steering Committee's view, the Restructuring Transactions supported by the members of the 2016 Steering Committee are also supported by other beneficial holders of the 2016 Notes that, together with the members of the 2016 Steering Committee, hold in excess of 50% of the principal amount of outstanding 2016 Notes.

      The terms of the Restructuring Transactions are described in the Amended and Restated Offering Memorandum, Consent Solicitation Statement and Disclosure Statement, dated March 8, 2013 (the "Offering Memorandum"), filed as an exhibit to a tender offer statement on Schedule TO-I/A on March 8, 2013, as amended and supplemented by Supplement No. 1 to the Offering Memorandum, dated March 18, 2013 (the "Supplement"), filed as an exhibit to the Form 8-K filed on March 19, 2013.

      The consent deadline and voting deadline with respect to both the 2013 Notes and the 2016 Notes in the Restructuring Transactions is April 4, 2013. Each holder of 2016 Notes who delivers Consents (as defined in the Offering Memorandum) with respect to its 2016 Notes by 5:00 p.m. on April 3, 2013, and does not validly withdraw such Consents, will receive the Consent Fee (as defined in the Offering Memorandum), assuming all of the conditions to the payment of the Consent Fee are met.

      CEDC continues to believe that a successful restructuring will improve its financial strength and flexibility and enable it to focus on maximizing the value of its strong brands and market position. The restructuring is expected to have no effect on CEDC's operations in Poland, Russia, Hungary or Ukraine, all of which will continue doing business as usual. Obligations to all employees, vendors, and providers of credit support lines in Poland, Russia, Hungary and Ukraine will be honored in the ordinary course of business without interruption. CEDC believes that its subsidiaries in Poland, Russia, Hungary and Ukraine have sufficient cash and resources on hand to meet all such obligations.

      None of CEDC, CEDC Finance Corporation International, Inc., or the information and exchange agent makes any recommendation as to whether holders should tender their notes pursuant to the Restructuring Transaction. Each holder must make its own decision as to whether to tender its notes and, if so, the principal amount of the notes to be tendered.

      This press release is for informational purposes only and is neither an offer to buy nor a solicitation of an offer to sell the notes or any other securities of CEDC.



      SOURCE Central European Distribution Corporation

      Copyright 2013 PR Newswire
      Avatar
      schrieb am 29.03.13 16:21:02
      Beitrag Nr. 7 ()
      Avatar
      schrieb am 29.03.13 16:24:56
      Beitrag Nr. 8 ()
      CEDC Hstory 88,00 US$ Dollars

      http://ih.advfn.com/p.php?pid=squote&symbol=CEDC
      Avatar
      schrieb am 29.03.13 22:56:10
      Beitrag Nr. 9 ()
      Mir fällt nicht mehr ein, als zu sagen, das die Aktie extrem unterbewertet ist
      Avatar
      schrieb am 29.03.13 22:57:02
      Beitrag Nr. 10 ()
      :D:eek:

      Major Direct Holders (Forms 3 & 4)
      Holder Shares Reported
      ROUST TRADING LTD. 12,920,411 7 May 2012
      CAREY WILLIAM V 2,447,249 1 Jan 2012
      LEE RYAN 179,000 22 Jan 2013
      WINTERTON GRANT 160,000 10 Jan 2013
      EVANGALOU EVANGELOS 134,719 1 Jan 2012

      Top Institutional Holders
      Holder Shares % Out Value* Reported
      Vanguard Group, Inc. (The) 3,655,181 4.64 7,931,742 31 Dec 2012
      BlackRock Institutional Trust Company, N.A. 1,876,838 2.38 4,072,738 31 Dec 2012
      BlackRock Fund Advisors 1,516,287 1.93 3,290,342 31 Dec 2012
      State Street Corporation 1,233,915 1.57 2,677,595 31 Dec 2012
      Dimensional Fund Advisors LP 1,050,900 1.33 2,280,453 31 Dec 2012
      Northern Trust Corporation 886,240 1.13 1,923,140 31 Dec 2012
      CALPERS (California-Public Employees Retirement System) 743,620 0.94 1,613,655 31 Dec 2012
      Bank of America Corporation 663,374 0.84 1,439,521 31 Dec 2012
      Knightsbridge Asset Management, LLC 403,200 0.51 874,944 31 Dec 2012
      Bank of New York Mellon Corporation 398,795 0.51 865,385 31 Dec 2012

      Top Mutual Fund Holders
      Holder Shares % Out Value* Reported
      Vanguard Small-Cap Index Fund 1,083,961 1.38 3,089,288 30 Sep 2012
      iShares Russell 2000 Index Fund 873,123 1.11 1,894,676 31 Dec 2012
      Vanguard Total Stock Market Index Fund 819,306 1.04 2,335,022 30 Sep 2012
      Vanguard Small Cap Value Index Fund 595,773 0.76 1,697,953 30 Sep 2012
      Vanguard Extended Market Index Fund 571,166 0.73 1,627,823 30 Sep 2012
      iShares Russell 2000 Value Index Fund 462,992 0.59 1,004,692 31 Dec 2012
      AXA Premier VIP Multimanager Mid Cap Value Portfolio 407,503 0.52 1,161,383 30 Sep 2012
      Vanguard Consumer Staples Index Fund 261,350 0.33 441,681 30 Nov 2012
      College Retirement Equities Fund-Stock Account 248,629 0.32 708,592 30 Sep 2012
      DFA Tax Managed U.S. Targeted Value Port 195,685 0.25 504,867 31 Oct 2012
      Avatar
      schrieb am 29.03.13 23:00:08
      Beitrag Nr. 11 ()
      Avatar
      schrieb am 29.03.13 23:02:45
      Beitrag Nr. 12 ()
      VODKA & TABAK is a very Profitable Business $$$
      Avatar
      schrieb am 29.03.13 23:29:24
      Beitrag Nr. 13 ()
      Die Aktien sind wertlos, siehe hier:

      www.sec.gov/Archives/edgar/data/1046880/000114420413015147/v338208_sc13da.htm
      Avatar
      schrieb am 30.03.13 00:15:40
      Beitrag Nr. 14 ()
      CEDC - One of the leading producers of VODKA, Ohter Alcohol Distellrie products and TABAK Products. STRONG LONG
      Avatar
      schrieb am 30.03.13 00:21:40
      Beitrag Nr. 15 ()
      Next NEWS $ STRONG LONG $

      Competing Consortium Withdraws Restructuring Proposal for CEDC; CEDC Reaffirms Support for RTL Restructuring Proposal
      Print
      Alert
      Central European Distribution (NASDAQ:CEDC)
      Intraday Stock Chart

      Today : Friday 29 March 2013
      Click Here for more Central European Distribution Charts.

      WARSAW, Poland, March 28, 2013 /PRNewswire/ -- Central European Distribution Corporation (NASDAQ: CEDC) announced today that it received notice from A1 Investment Company, the SPI Group and Mark Kaufman (the "Consortium") that they are withdrawing their restructuring proposal for CEDC.

      The Consortium proposal had been announced as an alternative to a restructuring proposal agreed between CEDC and Roust Trading Ltd. ("RTL"), a significant CEDC debt and equity holder and strategic partner.

      CEDC notes the withdrawal of the Consortium proposal and confirms that it has not received any further alternative proposals from third parties. CEDC reaffirms its support of the RTL proposal.

      The RTL proposal contemplates the exchange offer, consent solicitation and solicitation of votes for a pre-packaged plan of reorganization (the "Restructuring Transactions") currently being conducted by CEDC.

      The Restructuring Transactions currently have the support of a committee of holders of CEDC's outstanding Senior Convertible Notes due 2013 (the "2013 Notes"), who have announced that they, together with RTL, collectively hold approximately 73% of the outstanding principal amount of the 2013 Notes.

      The Restructuring Transactions also have the full support of a committee of holders of Senior Secured Notes due 2016 issued by a CEDC finance subsidiary (the "2016 Notes"). The advisors to the 2016 Steering Committee have previously informed CEDC that, in the 2016 Steering Committee's view, the Restructuring Transactions supported by the members of the 2016 Steering Committee are also supported by other beneficial holders of the 2016 Notes that, together with the members of the 2016 Steering Committee, hold in excess of 50% of the principal amount of outstanding 2016 Notes.

      The terms of the Restructuring Transactions are described in the Amended and Restated Offering Memorandum, Consent Solicitation Statement and Disclosure Statement, dated March 8, 2013 (the "Offering Memorandum"), filed as an exhibit to a tender offer statement on Schedule TO-I/A on March 8, 2013, as amended and supplemented by Supplement No. 1 to the Offering Memorandum, dated March 18, 2013 (the "Supplement"), filed as an exhibit to the Form 8-K filed on March 19, 2013.

      The consent deadline and voting deadline with respect to both the 2013 Notes and the 2016 Notes in the Restructuring Transactions is April 4, 2013. Each holder of 2016 Notes who delivers Consents (as defined in the Offering Memorandum) with respect to its 2016 Notes by 5:00 p.m. on April 3, 2013, and does not validly withdraw such Consents, will receive the Consent Fee (as defined in the Offering Memorandum), assuming all of the conditions to the payment of the Consent Fee are met.

      CEDC continues to believe that a successful restructuring will improve its financial strength and flexibility and enable it to focus on maximizing the value of its strong brands and market position. The restructuring is expected to have no effect on CEDC's operations in Poland, Russia, Hungary or Ukraine, all of which will continue doing business as usual. Obligations to all employees, vendors, and providers of credit support lines in Poland, Russia, Hungary and Ukraine will be honored in the ordinary course of business without interruption. CEDC believes that its subsidiaries in Poland, Russia, Hungary and Ukraine have sufficient cash and resources on hand to meet all such obligations.

      None of CEDC, CEDC Finance Corporation International, Inc., or the information and exchange agent makes any recommendation as to whether holders should tender their notes pursuant to the Restructuring Transaction. Each holder must make its own decision as to whether to tender its notes and, if so, the principal amount of the notes to be tendered.

      This press release is for informational purposes only and is neither an offer to buy nor a solicitation of an offer to sell the notes or any other securities of CEDC.



      SOURCE Central European Distribution Corporation

      Copyright 2013 PR Newswire
      Avatar
      schrieb am 30.03.13 00:33:41
      Beitrag Nr. 16 ()
      Hör doch bitte auf hier sinnbefreit das Board vollzumüllen. Die Aktien haben keinerlei Wert und werden nach der in Kürze vollzogenen Restrukturierung nicht mehr zu handeln sein.
      Avatar
      schrieb am 30.03.13 00:40:13
      Beitrag Nr. 17 ()
      Hey zirkeljerk, Hör doch du auf einen brei hier zu erzaehlen, Hast sicherlich den Zug verpaßt, pech für dich, Also hoer auf hier unwahrheiten zu verbreiten
      2 Antworten
      Avatar
      schrieb am 30.03.13 00:41:09
      Beitrag Nr. 18 ()
      :eek::D

      CEDC - BIG NEWS:
      Source: Russia’s tycoon Tariko remaining contender to rescue CEDC

      MOSCOW, Mar 29 (PRIME) -- Russian investment companyA1 has recalled its offer to restructure the debts of Polish vodka maker CEDC, leaving businessman Rustam Tariko the only remaining contender to rescue the firm, a source with knowledge of the situation told PRIME late on Thursday.

      CEDC had to repay U.S. $257.9 million worth of unsecured bonds on March 15, but the company informed creditors that it has no money and postponed making a decision on the restructuring of its debt to April 4. CEDC’s total debt stands at $1.2 billion, of which $957 million are in the form of secured bonds maturing in 2016.

      The bond holders suggested raising A1’s investments by $50 million to $330 million in exchange for a 100% stake in CEDC.

      “This factor makes participating in restructuring senseless. The ceaseless boosting of payments destroys the benefit of investment,” the source said.

      Tariko’s Roust Trading Ltd (RTL) offered to pay $172 million in cash to the holders of bonds maturing in 2016 and change the rest for $650 million bonds maturing in 2018. Tariko would then drive his stake in CEDC to over 95%, compared with his current 19.5%.

      The source said that Tariko and A1 had agreed that the latter would withdraw his candidacy, so as to prevent a hike in the proposed investments.

      End
      29.03.2013 09:31

      LINK: http://www.1prime.biz/news/archive/_...803C3BB%7D.uif
      Avatar
      schrieb am 30.03.13 00:44:04
      Beitrag Nr. 19 ()
      :D:eek:;)

      Mein Freund, Über 4000 Mitarbeiter Weltweit,

      Geschäft: Eiunes der Groeßten Weltweit VODKA,DISTERIE andere Alkoholische Gtränke, und Tabakwaren:

      Hier die groeßten Gesellschaften die CEDCbeiteilgt sind, private und Fondsgesellschaften, Also:

      Major Holders Get Major Holders for:
      Breakdown
      % of Shares Held by All Insider and 5% Owners: 20%
      % of Shares Held by Institutional & Mutual Fund Owners: 25%
      % of Float Held by Institutional & Mutual Fund Owners: 32%
      Number of Institutions Holding Shares: 81

      Major Direct Holders (Forms 3 & 4)
      Holder Shares Reported
      ROUST TRADING LTD. 12,920,411 7 May 2012
      CAREY WILLIAM V 2,447,249 1 Jan 2012
      LEE RYAN 179,000 22 Jan 2013
      WINTERTON GRANT 160,000 10 Jan 2013
      EVANGALOU EVANGELOS 134,719 1 Jan 2012

      Top Institutional Holders
      Holder Shares % Out Value* Reported
      Vanguard Group, Inc. (The) 3,655,181 4.64 7,931,742 31 Dec 2012
      BlackRock Institutional Trust Company, N.A. 1,876,838 2.38 4,072,738 31 Dec 2012
      BlackRock Fund Advisors 1,516,287 1.93 3,290,342 31 Dec 2012
      State Street Corporation 1,233,915 1.57 2,677,595 31 Dec 2012
      Dimensional Fund Advisors LP 1,050,900 1.33 2,280,453 31 Dec 2012
      Northern Trust Corporation 886,240 1.13 1,923,140 31 Dec 2012
      CALPERS (California-Public Employees Retirement System) 743,620 0.94 1,613,655 31 Dec 2012
      Bank of America Corporation 663,374 0.84 1,439,521 31 Dec 2012
      Knightsbridge Asset Management, LLC 403,200 0.51 874,944 31 Dec 2012
      Bank of New York Mellon Corporation 398,795 0.51 865,385 31 Dec 2012

      Top Mutual Fund Holders
      Holder Shares % Out Value* Reported
      Vanguard Small-Cap Index Fund 1,083,961 1.38 3,089,288 30 Sep 2012
      iShares Russell 2000 Index Fund 873,123 1.11 1,894,676 31 Dec 2012
      Vanguard Total Stock Market Index Fund 819,306 1.04 2,335,022 30 Sep 2012
      Vanguard Small Cap Value Index Fund 595,773 0.76 1,697,953 30 Sep 2012
      Vanguard Extended Market Index Fund 571,166 0.73 1,627,823 30 Sep 2012
      iShares Russell 2000 Value Index Fund 462,992 0.59 1,004,692 31 Dec 2012
      AXA Premier VIP Multimanager Mid Cap Value Portfolio 407,503 0.52 1,161,383 30 Sep 2012
      Vanguard Consumer Staples Index Fund 261,350 0.33 441,681 30 Nov 2012
      College Retirement Equities Fund-Stock Account 248,629 0.32 708,592 30 Sep 2012
      DFA Tax Managed U.S. Targeted Value Port 195,685 0.25 504,867 31 Oct 2012


      http://www.cedc.com/en
      Avatar
      schrieb am 30.03.13 00:46:32
      Beitrag Nr. 20 ()
      Mein Freund, Über 4000 Mitarbeiter Weltweit,

      Geschäft: Einer der Groeßten Weltweit VODKA,DISTElLERIERIE andere Alkoholische Getränke, und Tabakwaren:
      Avatar
      schrieb am 30.03.13 00:47:13
      Beitrag Nr. 21 ()
      Avatar
      schrieb am 30.03.13 01:12:03
      Beitrag Nr. 22 ()
      Avatar
      schrieb am 30.03.13 01:14:02
      Beitrag Nr. 23 ()
      Avatar
      schrieb am 30.03.13 01:15:11
      Beitrag Nr. 24 ()
      CEDC - MARKTFUERER IN RUSSLAND, UNGARN und POLEN
      Avatar
      schrieb am 30.03.13 01:23:49
      Beitrag Nr. 25 ()
      Antwort auf Beitrag Nr.: 44.332.459 von Jantom am 30.03.13 00:40:13Ich hatte ja den Link zur US-Börsenaufsicht SEC eingestellt, in diesem Filing steht schwarz auf weiss, dass das jetzige Aktienkapital in Kürze gestrichen wird. Du wirst also bald eines Morgens aufwachen und Deine Aktien als nicht mehr handelbar vorfinden. Totalverlust. Aber ehrlich gesagt stört mich das in Deinem Fall gar nicht.
      1 Antwort
      Avatar
      schrieb am 30.03.13 01:41:43
      Beitrag Nr. 26 ()
      :eek::eek::eek::eek::rolleyes::rolleyes:;):D:D:DPS: ich bin schon drinne undkaufe nach und LONG.Danke, jetzt kaufe Ich noch mehr

      Ach, hast du den Zug verpaßt cirkel, Ohhh, CEDC wird zu alten Höhen du Samariter, mit gutem Hers, lächerlich, was du da erfindest,ohhhh hast du ein gutes herz cirkel, ohhhhh

      PS: ich bin schon drinne undkaufe nach und LONG.Danke, jetzt kaufe Ich noch mehr
      Avatar
      schrieb am 30.03.13 01:45:34
      Beitrag Nr. 27 ()
      Noch für dich cierkel:

      CEDC = Marktfuerer in Russland,Ungarn,Polen

      Mein Freund, Über 4000 Mitarbeiter Weltweit,

      Geschäft: Eiunes der Groeßten Weltweit VODKA,DISTERIE andere Alkoholische Gtränke, und Tabakwaren:

      Hier die groeßten Gesellschaften die CEDCbeiteilgt sind, private und Fondsgesellschaften, Also:

      Major Holders Get Major Holders for:
      Breakdown
      % of Shares Held by All Insider and 5% Owners: 20%
      % of Shares Held by Institutional & Mutual Fund Owners: 25%
      % of Float Held by Institutional & Mutual Fund Owners: 32%
      Number of Institutions Holding Shares: 81

      Major Direct Holders (Forms 3 & 4)
      Holder Shares Reported
      ROUST TRADING LTD. 12,920,411 7 May 2012
      CAREY WILLIAM V 2,447,249 1 Jan 2012
      LEE RYAN 179,000 22 Jan 2013
      WINTERTON GRANT 160,000 10 Jan 2013
      EVANGALOU EVANGELOS 134,719 1 Jan 2012

      Top Institutional Holders
      Holder Shares % Out Value* Reported
      Vanguard Group, Inc. (The) 3,655,181 4.64 7,931,742 31 Dec 2012
      BlackRock Institutional Trust Company, N.A. 1,876,838 2.38 4,072,738 31 Dec 2012
      BlackRock Fund Advisors 1,516,287 1.93 3,290,342 31 Dec 2012
      State Street Corporation 1,233,915 1.57 2,677,595 31 Dec 2012
      Dimensional Fund Advisors LP 1,050,900 1.33 2,280,453 31 Dec 2012
      Northern Trust Corporation 886,240 1.13 1,923,140 31 Dec 2012
      CALPERS (California-Public Employees Retirement System) 743,620 0.94 1,613,655 31 Dec 2012
      Bank of America Corporation 663,374 0.84 1,439,521 31 Dec 2012
      Knightsbridge Asset Management, LLC 403,200 0.51 874,944 31 Dec 2012
      Bank of New York Mellon Corporation 398,795 0.51 865,385 31 Dec 2012

      Top Mutual Fund Holders
      Holder Shares % Out Value* Reported
      Vanguard Small-Cap Index Fund 1,083,961 1.38 3,089,288 30 Sep 2012
      iShares Russell 2000 Index Fund 873,123 1.11 1,894,676 31 Dec 2012
      Vanguard Total Stock Market Index Fund 819,306 1.04 2,335,022 30 Sep 2012
      Vanguard Small Cap Value Index Fund 595,773 0.76 1,697,953 30 Sep 2012
      Vanguard Extended Market Index Fund 571,166 0.73 1,627,823 30 Sep 2012
      iShares Russell 2000 Value Index Fund 462,992 0.59 1,004,692 31 Dec 2012
      AXA Premier VIP Multimanager Mid Cap Value Portfolio 407,503 0.52 1,161,383 30 Sep 2012
      Vanguard Consumer Staples Index Fund 261,350 0.33 441,681 30 Nov 2012
      College Retirement Equities Fund-Stock Account 248,629 0.32 708,592 30 Sep 2012
      DFA Tax Managed U.S. Targeted Value Port 195,685 0.25 504,867 31 Oct 2012

      http://www.cedc.com/en



      Avatar
      schrieb am 30.03.13 01:54:22
      Beitrag Nr. 28 ()
      Habe bereits Benutzer. circle-jerk ausgeblendet,auf Ignoere,Ignorieren,

      Gehen Sie auf Benutzer und wählen sie Benutzer ausblenden

      MFG Jantom:D
      Avatar
      schrieb am 30.03.13 02:30:43
      Beitrag Nr. 29 ()
      We are one of the world’s largest vodka producers. We maintain leading positions in all of our key markets: Poland, Russia and Hungary. Our brand portfolio includes valuable and recognized brands like BOLS, Żubrówka, Absolwent and Soplica in Poland; Green Mark and Parliament in Russia; and Royal Vodka in Hungary. Each of these is a leader of their segment in those markets.

      Quick fact

      In 2010, companies belonging to the CEDC Group produced 32.7 million of 9-liter vodka cases, which put the CEDC Group in the first place among vodka producers.
      Avatar
      schrieb am 31.03.13 00:26:56
      Beitrag Nr. 30 ()
      Strong Buy rated by investorguide and with high Target

      http://www.investorguide.com/stock-analysis.php?ticker=CEDC
      Avatar
      schrieb am 01.04.13 18:47:31
      Beitrag Nr. 31 ()
      Mittelfristiges Kursziel: 4,00+ US$ by Investorguide -Timerange: 1-3 Monate

      http://www.investorguide.com/stock-analysis.php?ticker=CEDC
      Avatar
      schrieb am 07.04.13 23:30:54
      Beitrag Nr. 32 ()
      :eek::eek::eek::D;)

      /C O R R E C T I O N -- Central European Distribution Corporation/
      Date : 04/07/2013 @ 3:41PM
      Source : PR Newswire (US)
      Stock : Central European Distribution Corp. (MM) (CEDC)

      /C O R R E C T I O N -- Central European Distribution Corporation/
      Print
      Alert
      Central European Distribution (NASDAQ:CEDC)
      Intraday Stock Chart

      Today : Sunday 7 April 2013
      Click Here for more Central European Distribution Charts.

      In the news release, Central European Distribution Corporation Wins Overwhelming Creditor Approval of Proposed Restructuring Plan, issued 07-Apr-2013 by Central European Distribution Corporation over PR Newswire, we are advised by the company that in the second paragraph, the company name should read "Alfa Group" rather than "Alfa Bank" as originally issued inadvertently. The complete, corrected release follows:
      Central European Distribution Corporation Wins Overwhelming Creditor Approval of Proposed Restructuring Plan Plan to be Implemented Through Prepackaged Chapter 11 Plan of Reorganization; Company Also Obtains Commitment For New $100 Million Unsecured Facility for Russian Operations; Restructuring Should Have No Impact on Company Business Operations in Poland, Russia, Ukraine or Hungary; Company Will Honor Obligations in those Countries in the Ordinary Course without Interruption

      WARSAW, Poland, April 7, 2013 /PRNewswire/ -- Central European Distribution Corporation (NASDAQ: CEDC) announced that CEDC and its U.S. subsidiaries, CEDC Finance Corporation International, Inc. and CEDC Finance Corporation LLC, have received overwhelming support from creditors for their proposed restructuring, which will be implemented through a Prepackaged Chapter 11 Plan of Reorganization. Accordingly, the Company today commenced voluntary proceedings under Chapter 11 of the U.S. Bankruptcy Code to seek confirmation of the Plan.

      Separately, CEDC approved the terms of a new $100 million unsecured credit facility, to be provided by an affiliate of Alfa Group, for the benefit of CEDC's Russian operations. The facility was arranged for CEDC by its strategic partner, Roust Trading Ltd. (RTL), which will pay the origination and other fees involved. CEDC welcomes the opportunity to enhance its relationship with one if its key financial partners – Alfa Group.

      The financial restructuring, which will eliminate approximately $665.2 million in debt from CEDC's and CEDC FinCo's balance sheets, does not involve the Company's operating subsidiaries in Poland, Russia, Ukraine or Hungary and should have no impact on their business operations. Operations in these countries are independently funded and will continue to generate revenue during this process. All obligations to employees, vendors, credit support providers and government authorities will be honored in the ordinary course without interruption.

      Voting on the Plan closed on April 4, 2013. According to the official vote tabulation prepared by CEDC's voting and information agent, impaired creditors have voted overwhelmingly to accept the Plan. In particular, approximately 95% of all Existing 2013 Notes were voted. The Plan was accepted by 99.13% in number and 99.00% in amount of those Existing 2013 Notes that were voted on the Plan. Approximately 95% of all Existing 2016 Notes were voted, and of those, 97.26% in number and 97.34% in amount voted to accept the Plan.

      The voluntary Chapter 11 proceedings commenced today with a filing in the U.S. Bankruptcy Court for the District of Delaware, in Wilmington, Delaware. At the initial hearing in the case, which is expected to be on Tuesday, April 9, 2013, the Company will present routine requests to the Court that will allow the Company a seamless transition into Chapter 11. The Company also will request that the Court schedule its final confirmation hearing for the Plan of Reorganization within 30 to 45 days.

      If confirmed, the restructuring will result in Roust Trading, owned by CEDC Chairman and leading investor Roustam Tariko, owning 100% of the outstanding stock of reorganized CEDC. Holders of Existing 2016 Notes will receive total consideration of $822 million, consisting of $172 million in cash, $450 million in new secured notes and $200 million in new convertible notes, on account of their claims totaling approximately $982.2 million in U.S. dollars. This consideration will afford holders of Existing 2016 Notes an estimated recovery of approximately 83.7%.

      Holders of Existing 2013 Notes other than Roust Trading who participate in a separate offer by Roust Trading will receive total consideration of $55 million, composed of $25 million in cash and $30 million in Roust Trading Notes, which collectively will afford such holders an estimated recovery of 34.9%. Holders of Existing 2013 Notes that do not participate in Roust Trading's offer will receive their proportionate share of $16.9 million in cash under the Plan (shared with the RTL Notes). Holders of Existing 2013 Notes that participate in Roust Trading's offer will not receive a distribution from CEDC or its U.S. subsidiaries under the Plan.

      The new $100 million unsecured credit facility will be provided to CEDC subsidiary JSC Russian Alcohol Group ("RAG"). The facility has a one year term that may be extended by agreement of the parties. RAG's obligations under the new facility will be guaranteed by Roust Trading and its affiliate, Russian Standard Corporation. RAG's obligations under the new facility will be subordinate to the Company's obligations under the New Secured Notes and New Convertible Notes to be issued to holders of Existing 2016 Notes under the Plan.

      CEDC and CEDC FinCo also announced the successful completion of the consent solicitation conducted with respect to the indenture governing the Existing 2016 Notes, as the requisite consents were obtained to approve the Covenant Amendments, the Collateral and Guarantee Amendments and the Bankruptcy Waiver Amendments, each as defined in the Amended and Restated Offering Memorandum, Consent Solicitation Statement and Disclosure Statement dated March 8, 2013. Approximately 95% of the Notes by principal amount voted to approve.

      CEDC and CEDC FinCo also announced the termination of the CEDC FinCo Exchange Offer for the Existing 2016 Notes. The CEDC FinCo Exchange Offer failed to meet the minimum tender condition necessary for the consummation of the offer. All Existing 2016 Notes tendered in the CEDC FinCo Exchange Offer will be returned to tendering holders.

      History of the Transaction

      The financial restructuring detailed above is the culmination of a process that began in early 2012, when the Company began seeking both a partner with a strong background in Russian retail goods and a new source of capital to bolster the Company's business and repay the Existing 2013 Notes coming due in 2013.

      The search led to a strategic alliance with RTL and Mr. Tariko, an alliance that simultaneously addressed the Company's operating and financial needs. Over the next year, Mr. Tariko and RTL made substantial financial commitments to the Company, becoming the largest investor in its stock and Existing 2013 Notes and joining the Board of Directors. Mr. Tariko also lent his operating expertise to the Company.

      As the relationship with Mr. Tariko and RTL grew, two entities assumed responsibility for safeguarding the interest of all CEDC constituencies from a corporate governance standpoint and developing the long-term financial restructuring plan: These were the Special Committee of independent directors, headed by CEDC Vice Chairman N. Scott Fine, and the Restructuring Committee, consisting of Mr. Fine, Mr. Tariko and independent Director Markus Sieger. These committees were assisted by the firm of Skadden, Arps, Slate, Meagher and Flom LLP as legal advisor, the firm of Houlihan Lokey Capital Inc. as financial advisor, and the firm of Alvarez & Marsal LLC as chief restructuring officer.

      The Roust Trading Notes referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

      SOURCE Central European Distribution Corporation

      Copyright 2013 PR Newswire
      Avatar
      schrieb am 08.04.13 00:16:43
      Beitrag Nr. 33 ()
      Die Weichen sind gestellt.Nach der Restructurierung und Reorgination werden wie viel hoehere Aktien-Preise sehen-Sehr gutes Signal.
      Avatar
      schrieb am 08.04.13 00:17:03
      Beitrag Nr. 34 ()
      Avatar
      schrieb am 08.04.13 00:17:31
      Beitrag Nr. 35 ()
      $$$$$$$$$$$$$:eek::D;)
      Avatar
      schrieb am 08.04.13 00:20:48
      Beitrag Nr. 36 ()
      In spätestens 2-3 Jahren stehen wir bei ca. mindestens 60,00 - 80,00+++ Euro / je Aktie:D;)
      Avatar
      schrieb am 10.04.13 01:36:11
      Beitrag Nr. 37 ()
      0.14 USD
      -26%
      ;)
      Avatar
      schrieb am 10.04.13 11:31:32
      Beitrag Nr. 38 ()
      Zitat von Jantom: In spätestens 2-3 Jahren stehen wir bei ca. mindestens 60,00 - 80,00+++ Euro / je Aktie:D;)


      Reverse Split geplant? :keks:
      Avatar
      schrieb am 11.04.13 01:15:11
      Beitrag Nr. 39 ()
      Antwort auf Beitrag Nr.: 44.332.527 von Circle_Jerk am 30.03.13 01:23:49Ergänzung:

      Die jetzigen Aktionäre bekommen anscheinend einen Betrag von rund $0.06 in cash ausgezahlt (sehr ungewöhnlich) - danach werden die Aktien gestrichen und Tariko erhält 100% des neu zu schaffenden Aktienkapitals.

      Das wird nix für Kollege Jantom - wie bereits angekündigt von mir.


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      eine neue Diskussion.
      CEDC Central Europ.Distri. $ WKN: 916901 ISIN: US1534351028 Tabak & Vodka & Distille CEDC Central Eu