Amatheon Agri Holding N.V.
Amatheon Agri Holding N.V.: First Noteholders Meeting and Proposed Restructuring
Announcement of First Noteholders Meeting and Proposed Restructuring
The Company will propose to noteholders, amongst other amendments to the Bond’s terms and conditions, extension of the maturity date for two years to July 2019, a reduction in the interest rate and deferral of certain interest payments. The proposed amendments of the Bond terms are aimed at improving the short to medium term financial flexibility of the Amatheon Group and at providing a stable basis for raising future equity and debt capital to finance further growth. Given the Bond’s current 31 July 2017 maturity, extension of the maturity date in particular is critical to ensuring the financial stability of the Amatheon Group. The amendments also assist the Company in continuing the successful roll out of its farming and food strategy in Zambia, Zimbabwe and Uganda. Amatheon has already proved its notable success in building an integrated farming and meat cluster in Zambia which is a solid platform for further acquisitions and brownfield investments in Sub-Saharan Africa. The restructuring of the Bond provides the Company an opportunity to secure a more appropriate capital structure which enables the Amatheon Group to deliver value to all of its stakeholders. The Management Board * For further information please see the Group’s website www.amatheon-agri.com. Amatheon Agri Holding N.V. End of Media Release Issuer: Amatheon Agri Holding N.V. Key word(s): Enterprise
22.03.2017 Dissemination of a Press Release, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | Amatheon Agri Holding N.V. |
Friedrichstrasse 95 | |
10117 Berlin | |
Germany | |
Phone: | +49 (0)30 5 3000 9023 |
Fax: | +49 (0)30 5 3000 9020 |
E-mail: | info@amatheon-agri.com |
Internet: | www.amatheon-agri.com |
ISIN: | NL0010273694 |
WKN: | A1J4XD |
Listed: | Foreign Exchange(s) Paris |
End of News | DGAP Media |