EQS-Adhoc
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Fourcore Tech Finance Ltd: Negotiations with creditors; Non-payment of interest on 10% corporate bond
- Fourcore Tech Finance in talks with creditors.
- Interest on 10% bond unpaid since February 2025.
- Majority agreed to bond exchange for better terms.
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EQS-Ad-hoc: Fourcore Tech Finance / Key word(s): Bond
Publication of inside information in accordance with Article 17 of Regulation (EU) No. 596/2014 |
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN ANY JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.
Fourcore Tech Finance Ltd: Negotiations with creditors; Non-payment of interest on 10% corporate bond
London, United Kingdom, 19 May 2025 – Fourcore Tech Finance Ltd (formerly: Cardea Luna Capital Partners Ltd) (“Company”) announces that it has entered into agreements with the majority
of the holders of its 10% corporate bond (ISIN DE000A3K5H67; WKN A3K5H6) (“Bond 2026”) to waive the interest due on 28 February 2025 and to exchange their bonds for bonds with an
interest rate of 10.25% and a maturity on 16 September 2029, also issued by the Company (ISIN DE000A3L2B98; WKN A3L2B9).
The Company has not yet paid the interest due on the Bond 2026 as of 28 February 2025, and this payment was also not made within the 30-day period specified under Section 9(1)(a) of the bond terms
and conditions. The Company has elected to defer settlement while engaging in constructive discussions with all remaining known bondholders, with the aim of achieving mutually beneficial
restructuring terms consistent with agreements already reached with the majority of holders.
Issuer, Address:
Fourcore Tech Finance Ltd
4 Fitzhardinge St.
London W1H 6EG
England, United Kingdom
E-mail: investor-relations@cardeluna.co.uk
Internet:
https://cardealuna.co.uk/
ISIN: DE000A3K5H67, WKN: A3K5H6
ISIN: DE000A3L2B98; WKN: A3L2B9
Stock exchange and trading segment:
Frankfurt Stock Exchange, Basic Board
Identity of the person making the communication:
Alfredo Raez, on behalf of the Management Board as authorized representative
End of Inside Information
19-May-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
| Language: | English |
| Company: | Fourcore Tech Finance |
| 4 Fitzhardinge St. | |
| W1H 6EG London | |
| United Kingdom | |
| Phone: | +34 605 520 618 |
| E-mail: | alfredo.raez@fourcorecapital.com |
| Internet: | www.fourcore.com |
| ISIN: | DE000A3K5H67, DE000A3L2B98 |
| WKN: | A3K5H6, A3L2B9 |
| Listed: | Regulated Unofficial Market in Frankfurt |
| EQS News ID: | 2140780 |
| End of Announcement | EQS News Service |
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2140780 19-May-2025 CET/CEST
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