Tech
DEAG: Bondholders approve amendment of the bond terms and conditions ("Notice of Results of a Written Resolution")
DEAG Deutsche Entertainment AG announced that its bondholders have approved a proposed amendment to the terms of its outstanding 2025/2029 corporate bond
Key takeaways
- DEAG bondholders approved the proposed amendment to the bond terms and conditions in connection with a Change of Control.
- DEAG will make a one-off payment of 0.10% of the nominal amount of each bond to the bondholders.
- The approval creates an important prerequisite for the planned cash capital increase by Apeiron Investment Group Ltd.
DEAG Deutsche Entertainment AG announced that its bondholders have approved a proposed amendment to the terms of its outstanding 2025/2029 corporate bond in connection with a Change of Control. Following the successful completion of the Written Resolution procedure, DEAG will make a one-off payment of 0.10% of the nominal amount of each bond to the bondholders. This approval is a key prerequisite for a planned cash capital increase by Apeiron Investment Group Ltd.
The approval enables a planned cash capital increase by Apeiron Investment Group Ltd.
By the numbers
- 0.10%
- One-off payment of the nominal bond amount
- 25
- Locations where DEAG Group companies are present
- 6,000
- Live events organized by DEAG every year
- 10M
- Tickets sold by DEAG every year
How it unfolded
- DEAG is founded in Berlin
- Written Resolution procedure is initiated
- DEAG announces successful completion of the resolution
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Common questions
- What happened with DEAG Deutsche Entertainment AG?
- DEAG bondholders approved the proposed amendment to the bond terms and conditions in connection with a Change of Control.
- Where can I read the original report?
- Read the full report at Google News.
