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    EQS-Adhoc  1137  0 Kommentare Diebold Nixdorf entered into Global Debt Restructuring Support Agreement with Key Financial Stakeholders / Listing would be Terminated and Common Shares would be Cancelled without any Recovery

    EQS-Ad-hoc: Diebold Nixdorf, Incorporated / Key word(s): Restructure of Company
    Diebold Nixdorf entered into Global Debt Restructuring Support Agreement with Key Financial Stakeholders / Listing would be Terminated and Common Shares would be Cancelled without any Recovery

    30-May-2023 / 13:00 CET/CEST
    Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
    The issuer is solely responsible for the content of this announcement.


    May 30, 2023 – Hudson, Ohio, United States of America – Diebold Nixdorf, Incorporated (ISIN: US2536511031, the “Company”) announces that today the Company, certain of its subsidiaries and certain creditors collectively holding a significant majority of the Company’s outstanding secured term loan debt and secured notes (the “Consenting Creditors”) entered into a restructuring support agreement to effectuate a comprehensive debt restructuring transaction.

    The restructuring support agreement contemplates the effectuation of a delevering transaction through, among other things, (i) a pre-packaged chapter 11 plan of reorganization to be filed by the Company and certain of its subsidiaries (collectively, the “Debtors”) in connection with the commencement by the Debtors of voluntary cases under chapter 11 of title 11 of the U.S. Bankruptcy Code, (ii) a scheme of arrangement to be filed by Diebold Nixdorf Dutch Holding B.V. relating to certain of the Company’s subsidiaries in connection with the commencement by Diebold Nixdorf Dutch Holding B.V. of voluntary proceedings under the Dutch Act on Confirmation of Extrajudicial Plans (Wet homologatie onderhands akkoord) and (iii) recognition of such Dutch scheme pursuant to proceedings to be commenced under chapter 15 of the U.S. Bankruptcy Code by Diebold Nixdorf Dutch Holding B.V..

    Under the restructuring support agreement, the Consenting Creditors have agreed, subject to certain terms and conditions, to support restructuring transactions that would result in a financial restructuring of the existing funded debt and existing equity interests of the Company and certain of its subsidiaries. The Company’s outstanding common shares would be cancelled pursuant to the restructuring transactions, and holders thereof would not receive any recovery. Due to the cancellation of the Company’s common shares, their listing on the New York Stock Exchange and the Frankfurt Stock Exchange will be terminated, the exact dates of which are expected to be communicated in due course prior to the end of the restructuring proceedings.

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    EQS-Adhoc Diebold Nixdorf entered into Global Debt Restructuring Support Agreement with Key Financial Stakeholders / Listing would be Terminated and Common Shares would be Cancelled without any Recovery EQS-Ad-hoc: Diebold Nixdorf, Incorporated / Key word(s): Restructure of Company Diebold Nixdorf entered into Global Debt Restructuring Support Agreement with Key Financial Stakeholders / Listing would be Terminated and Common Shares would be …