Accentro Real Estate: Ongoing Bond Negotiations and Terms Update

• ACCENTRO is negotiating a potential restructuring of its equity and debt capital structure, led by bondholders of the 2020/2026 bond.
• The negotiations are based on key assumptions from a previous disclosure on 12 August 2024, with adjustments to published volumes expected.
• Implementation of the restructuring is unlikely before the EUR 65 million repayment due on 31 December 2024.
• ACCENTRO plans to propose amendments to the bond terms, deferring the redemption and February 2025 interest payment to 30 June 2025.
• The company will also request deferrals for the March 2025 interest payment for the 2021/2029 bond and the December 2024 maturity date for the bridge note, both to 30 June 2025.
• Announcements regarding the invitation to vote without a meeting will be made available to bondholders of the 2020/2026 bond in due course.

The next important date, German Equity Forum, at Accentro Real Estate is on 27.11.2024.

The price of Accentro Real Estate at the time of the news was 0,4110EUR and was down -1,91 % compared with the previous day.

Accentro Real Estate

-9,63 %

+3,24 %

-4,02 %

+25,66 %

-46,65 %

-94,89 %

-98,03 %

-93,43 %

-99,44 %

ISIN:DE000A0KFKB3WKN:A0KFKB

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