EQS-Adhoc: Gläubigerversammlung zur Anleihenverlängerung

14.03.2025 Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. 

Hinkel & Cie. GmbH announces that the management has decided to propose to the creditors of the bond issued by it with ISIN DE000A2AAPX4, with a value of EUR 920,000, with an original term until April 01, 2026 and subordination, to extend the term of the bond until March 31, 2029 by means of a resolution of the creditors. The reason for this is that, in the opinion of the management, the scheduled repayment of the bearer bond with ISIN DE000A2AAPX4 on the maturity date of April 1, 2026 is currently not secured due to the difficult market environment.

The planned extension of the bonds will give Hinkel & Cie. GmbH the necessary flexibility for its planned business development. A vote in accordance with Section 18 SchVG is expected to be called in mid-March 2025. The first in-person meeting is scheduled for April 2025. If the required quorum is not reached at this meeting, the company will ensure that an invitation to a (second) general meeting is issued at short notice. Further options and adjustments to the respective bond conditions are currently being examined and will be coordinated with the company's major creditors or their representatives.