on HII Hanseatische Immobilien Invest AG (ETR:H1I)
Gateway Real Estate AG Plans Bond Restructuring
Gateway Real Estate AG announced its intention to restructure its 4.25% Bond 2021-2026. The decision involves inviting bondholders to participate in a vote without meeting, as outlined by the German Debt Securities Act. The proposal suggests extending the bond's maturity to January 31, 2028. This vote will soon be announced in the Federal Gazette.
The Berlin-based company aims to address financial commitments by providing bondholders with the opportunity to decide on the proposed extension. The move reflects Gateway Real Estate's approach to managing its ongoing fiscal responsibilities and adapting to current economic conditions.
R. H.
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