BRIEF

on ESTAVIS AG (isin : DE000A0KFKB3)

Accentro Real Estate AG Successfully Issues First Tranche of Secured Bond

Berlin, 6 September 2024 – Accentro Real Estate AG has issued the first tranche of a secured bond as part of its interim funding efforts. The tranche, valued at EUR 9.8 million, will be used primarily to cover the interest payment due on the 2020/2026 bond on 10 September 2024.

This successful issuance follows constructive negotiations with financing bondholders. Accentro is also in advanced talks to secure an additional EUR 9.4 million through two further tranches. These pending agreements are currently subject to certain conditions which the company is working to fulfill. Concurrently, Accentro continues to negotiate a comprehensive restructuring with its bondholders.

R. P.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all ESTAVIS AG news