Inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014
Ekosem-Agrar AG: Noteholders vote in favor of restructuring the Ekosem-Agrar bond 2012/2022
30 May 2022 15:15 Ad-hoc Announcements
Walldorf, 30 May 2022 – The meeting of the noteholders of the Ekosem-Agrar bond 2012/2022 (ISIN: DE000A1R0RZ5) approved by a clear majority of over 99 % the proposal of the noteholders’ advisory committee the restructuring of the bond put to the vote by the company.
The proposal essentially provides for the interest rate to be reduced to 2.5% p.a. and the term of the bond to be extended by 5 years. The difference between the original interest rate and the reduced interest rate of 2.5% will be paid out at maturity in addition to the nominal repayment amount. For the reduced interest rate of 2.5%, there is a deferral arrangement involving the Joint Representative and the members of the noteholders’ advisory council. With regard to the repayment option in the event of a change of control, it was decided to increase the quorum for the effectiveness of the exercise of the option to 51% of the outstanding nominal amount of the bond.
The Joint Representative proposed for the 2012/2022 bond, e.Anleihe GmbH, was also elected with a clear majority of 97%.
Contact
Ekosem-Agrar AG
Ekosem-Agrar AG // T: +49 (0) 6227 3585 919 // E: ir@ekosem-agrar.de
Press / Investor Relations
Fabian Kirchmann, Anna-Lena Mayer // IR.on AG // T: +49 (0) 221 9140 970 // E: presse@ekosem-agrar.de