ESPG AG Kicks Off StaRUG Restructuring to Avert Imminent Insolvency

• ESPG AG has initiated a restructuring project under the German StaRUG due to impending insolvency.
• The Management and Supervisory Boards have resolved to file a restructuring plan with the local court.
• The restructuring plan includes a waiver of all claims by bondholders of the 2018/2026 bond in exchange for appropriate compensation.
• The interest payment due on the 2018/2026 bond on October 1, 2024, will be canceled.
• Investors have committed approximately EUR 9.5 million in fresh liquidity to support the company's continued existence, contingent on the restructuring plan's legal effectiveness.
• The company plans to submit the restructuring plan to the court shortly, aiming for its provisions to take effect by the end of October 2024.

Diok RealEstate Unternehmensanleihe 9,50 % bis 10/23

+1,94 %

+8,25 %

-74,39 %

-79,61 %

-80,09 %

-89,13 %

-89,52 %

-89,50 %

-89,53 %

ISIN:DE000A2NBY22WKN:A2NBY2

• Intraday
• 5 Tage
• 1 Monat
• 3M
• 1 Jahr
• 3J
• 5J
• 10J
• Max