DGAP-News: One Square Advisory Services GmbH: Air Berlin plc - Announcement by the Company that NIKI Luftfahrt GmbH filed a petition for the opening of insolvency proceedings, following the aborted acquisition of NIKI Luftfahrt GmbH by Deutsche Lufthansa Group
DGAP-News: One Square Advisory Services GmbH / Key word(s): Bond/Insolvency
One Square Advisory Services GmbH: Air Berlin plc - Announcement by the Company that NIKI Luftfahrt GmbH filed a petition for the opening of insolvency proceedings, following the aborted acquisition of NIKI Luftfahrt GmbH by Deutsche Lufthansa Group
14.12.2017 / 18:41
The issuer is solely responsible for the content of this announcement.
Munich, 14. December 2017 - Air Berlin plc ("Air Berlin" or the "Company") announced yesterday that NIKI Luftfahrt GmbH ("NIKI") has filed an application for the opening of insolvency proceedings following the failure of the sale to Deutsche Lufthansa Group and the unsuccessful search for another acquirer at short notice. The management of NIKI filed the application for the opening of insolvency proceedings at the Berlin-Charlottenburg district court and informed that initially no further flights will be carried out.
KEOS GbR ("KEOS"), as joint representative of the EUR 225m, 2011/2018, 8.250% bond (the "Bond" / ISIN: DE000AB100B4 / WKN: AB100B), examines the impact of these recent developments on the liquidation estate in the insolvency proceedings of Air Berlin plc and the recovery prospects of creditors of Air Berlin plc.
KEOS informs registered bondholders about the proceedings and is available for further questions at any time via email at airberlin@onesquareadvisors.com. Bondholders of the Bond, who have not registered with us thus far, are asked to please register via email or on our homepage at www.onesquareadvisors.com under the heading "Bonds" / "Air Berlin".
Contact:
KEOS GbR
c/o One Square Advisory Services GmbH
Theatinerstr. 36
80333 Munich
fax +49 89 15 989822
email airberlin@onesquareadvisors.com
web www.onesquareadvisors.com
14.12.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
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