Die Plattform für Anleihen im Mittelstand
PlusPlus Capital: Anleihegläubiger stimmen Änderungen der Anleihebedingungen zu
Pressemitteilung der PlusPlus Capital Financial S.à.r.l.:
PlusPlus EUR 2022/2026 Bondholders approve amendments to terms and conditions
Cross-default cured with provision to exchange Estonians notes
PlusPlus Capital (“PPC”), a leading Pan-Baltic and Finnish technology-driven receivables management group, yesterday received broad bondholder approval to amend the terms and conditions of its EUR 2022/2026 bonds. All proposed amendments were approved. Thereby, the conditions for exchanging the outstanding Estonian notes into the EUR 2022/2026 bonds were provided. As a result, the cross-default of the EUR 2022/2026 bonds is also to be cured. PlusPlus Capital can now once again focus on the acquisition of attractive portfolios. The current economic and interest rate environment offers promising growth opportunities in the portfolio management business.
Aalto Capital acted as financial advisor to PlusPlus Capital.
Kaarel Raik, Member of the Management Board of PlusPlus Capital: “We want to thank our investors for their support and constructive feedback in finding a solution which is in the best interest of all parties involved. The bondholders´ approval of the amendment to the bond terms and conditions is a great vote of confidence in PlusPlus Capital and in the growth opportunities of our business model. We greatly appreciate the support of our investors in harmonizing our maturity profiles. We can now turn our focus on taking advantage of very good market conditions.”
Proxies were given to a single proxy holder in accordance with Luxembourg laws on the bondholders’ meetings. With the resulting participation of 79% of outstanding bonds, the quorum threshold of 50% was duly satisfied. The participants voted unanimously in favor of each of the resolutions, with 100%, thereby also duly meeting the majority thresholds.
The terms and conditions of the EUR 2022/206 bonds are expected to be formally amended in the coming days. The updated terms and conditions and the full documentation of the meeting including the minutes are available on the website of PlusPlus Capital at https://pluspluscapital.eu/investor-relations/reports-and-presentations/.
PlusPlus Capital Financial S.à.r.l.
Foto: pixabay.com
Zum Thema:
PlusPlus Capital: Anleihegläubigerversammlung wird auf 17. April verschoben
PlusPlus Capital: Cross-default bei Euro-Anleihe 2022/26
PlusPlus Capital im ersten Halbjahr 2022 auf Wachstumskurs
PlusPlus Capital begibt Anleihe im Volumen von 70 Mio. Euro
Neuemission: IuteCredit legt neue 50 Mio. Euro-Anleihe auf
Anleihen Finder News auf Twitter und Facebook abonnieren
