Ad hoc announcement pursuant to § 15 WpHG: DF Deutsche Forfait AG signs credit agreements for EUR 40 million running until year-end 2016The Board of Management of DF Deutsche Forfait AG has announced that the credit documentation for loans totaling EUR 40 million running until 31 December 2016 was signed today. This means that a key precondition for the amendment of the terms and conditions of DF Deutsche Forfait AG’s corporate bond (ISIN: DE000A1R1CC4, “DF bond”) has been fulfilled as required according to the resolution adopted by the second bondholders’ meeting on 19 February.
Just like the planned measures aimed at strengthening the company’s equity capital, the loan is an important step towards restoring DF Group’s full operational capacity. The signing of the credit agreement means that the collateralization concept agreed with the bondholders’ joint representative, One Square Advisory Services, and the lending banks in early March will also become effective.