BRIEF

on Creditshelf Aktiengesellschaft (isin : DE000A2LQUA5)

Investors Present Offers for Creditshelf AG Business Operations Continuation or Takeover

On April 16, 2024, Creditshelf Aktiengesellschaft announced that it has received binding offers from potential investors to continue or take over its business operations. This development occurs amidst the protective shield proceedings as per Section 270d of the German Insolvency Code, aimed at restructuring the company.

According to the announcement, interested parties have proposed an asset deal. This deal would involve transferring key assets of Creditshelf to a legal entity owned by the investors, leaving Creditshelf as an empty entity, which will later be liquidated for creditor benefit. This process marks a pivotal point in the financial health and operational continuity of the company.

R. H.

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