Ekosem-Agrar AG Updates on Corporate Bond Restructuring

Ekosem-Agrar AG has provided an update on the ongoing restructuring of its corporate bonds. The company reports that no legal actions for annulment were filed against the bond restructuring resolutions passed in June 2024. The restructuring process, which includes the sale and transfer of outstanding bonds, is still contingent on the approval of financing banks.

The bonds in question are from the 2012/2027 and 2019/2029 series and are part of a larger plan to merge Ekosem-Agrar's German holding company with its Russian operations. Constructive discussions with potential equity investors and financing banks are ongoing. The company promised to communicate further progress to noteholders.