EQS-Adhoc: Corestate management board no longer believes that success of restructuring negotiations is more likely than not
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EQS-Ad-hoc: Corestate Capital Holding S.A. / Key word(s): Restructure of Company
Corestate management board no longer believes that success of restructuring negotiations is more likely than not
Frankfurt, November 18, 2022 – Based on information received today on the progress of the negotiations between representatives of major noteholders and equity investors, the management board of Corestate Capital Holding S.A. ("CCHSA") has come to the conclusion tonight that in the management board's view it is no longer sufficiently likely that the restructuring negotiations conducted with major noteholders will be concluded successfully. As a result, the convertible bond is expected to become due and payable on November 28, 2022. In light of this situation, the management board will review whether CCHSA is under an obligation to file for insolvency. If so, CCHSA would file an insolvency application within the statutory one-month period. Notifying person: Dr. Kai Gregor Klinger Chief Markets Officer T: +49 69 3535630107 M: +49 152 22755400 [email protected]
18-Nov-2022 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Corestate Capital Holding S.A. |
| 4 Rue Jean Monnet | |
| 2180 Luxembourg | |
| Luxemburg | |
| Phone: | +49 69 3535630-107 |
| Fax: | +49 69 3535630-299 |
| E-mail: | [email protected] |
| Internet: | www.corestate-capital.com |
| ISIN: | LU1296758029 |
| WKN: | A141J3 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1491855 |
| End of Announcement | EQS News Service |
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1491855 18-Nov-2022 CET/CEST
Corestate Capital Holding SA Aktie
0,41 €
-2,95 %
Die Corestate Capital Holding SA Aktie hat zu wenige Einschätzungen, um eine Tendenz festzustellen.
Das durchschnittliche Kursziel der Community für Corestate Capital Holding SA liegt bei 3 €, was eine mehr als doppelte Steigerung zum aktuellen Kurs von 0.41 € darstellt.
