DGAP-News: One Square Advisory Services GmbH: Publication of a purchase offer for the bonds of Steilmann SE (A1PGWZ, A12UAE and A14J4G)
DGAP-News: One Square Advisory Services GmbH / Schlagwort(e): Anleihe
One Square Advisory Services GmbH: Publication of a purchase offer for the bonds of Steilmann SE (A1PGWZ, A12UAE and A14J4G)
04.07.2016 / 18:14
Für den Inhalt der Mitteilung ist der Emittent verantwortlich.
One Square Advisory Services GmbH: Steilmann SE - Publication of a purchase offer for the bonds of Steilmann SE (A1PGWZ, A12UAE and A14J4G)
Munich, July 04, 2016
Schnigge Wertpapierhandelsbank AG has published a voluntary purchase offer to all bondholders of Steilmann SE on behalf of an investor who already holds significant stakes in each bond.
The investor's intention is to consolidate the interests of all bondholders in order to exercise influence on the liquidation process and to achieve a better coordination of the liquidation. The investor considers this necessary because the insolvency proceedings of Steilmann SE are afflicted with many legal uncertainties and diverging interests of all involved parties. Furthermore, conflicting interests between the three bonds are weakening the negotiating position of the bondholders towards the other involved parties severely. Additionally, the enforcement of the interests of the bondholders will be costly and is exposed to a high risk of litigation. Consolidating the interests of the bonds with the investor would allow an enforcement of all claims with all means available.
Link to purchase offer:
http://www.dgap.de/dgap/News/corporate/schnigge-wertpapierhandelsbank-kaufangebot-steilmann-anleihen-wkns-apgwz-auae-und-ajg/?newsID=947861
One Square Advisory Services GmbH supports the efforts of the investor to consolidate the interests of all bondholders. One Square Advisory Services GmbH will approach interested bondholders to support the aggregation of interests prior to the upcoming bondholders' meetings at the beginning of August.
One Square Advisory Services GmbH will keep registered bondholders informed about the proceedings and is available for further questions at any time by email under steilmann@onesquareadvisors.com.
Contact
One Square Advisory Services GmbH
Theatinerstr. 36
80333 Munichsteilmann@onesquareadvisors.comwww.onesquareadvisors.com
04.07.2016 Veröffentlichung einer Corporate News/Finanznachricht, übermittelt durch DGAP - ein Service der EQS Group AG. Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich.Die DGAP Distributionsservices umfassen gesetzliche Meldepflichten, Corporate News/Finanznachrichten und Pressemitteilungen. Medienarchiv unter http://www.dgap.de
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