Thu 12/08/2022 12:11 PM
Relevant Document:Press Release
An ad hoc group of Adler Group bondholders representing more than 34% of the €800 million bond due 2029 has mandated Akin Gump/Gleiss Lutz to advise it in debt talks with other creditors and the company. The group, which also includes holders of other bonds in the structure, is in talks with financial advisors, sources said.
The ad hoc group said it intends to vote against the proposal
made by Adler Group on Nov. 25. Since the consent solicitation requires a...
This article is an example of the content you may receive if you subscribe to a product of Reorg Research, Inc. or one of its affiliates (collectively, “Reorg”). The information contained herein should not be construed as legal, investment, accounting or other professional services advice on any subject. Reorg, its affiliates, officers, directors, partners and employees expressly disclaim all liability in respect to actions taken or not taken based on any or all the contents of this publication. Copyright © 2023 Reorg Research, Inc. All rights reserved.