ADO PROPERTIES S.A. (FRA:LU125015) EQS-News: Adler Group S.A.: Launch of Restructuring Plan by issuance of Practice Statement Letter

Directive transparence : information réglementée

26/01/2023 16:05

EQS-News: Adler Group S.A. / Key word(s): Capital Reorganisation
Adler Group S.A.: Launch of Restructuring Plan by issuance of Practice Statement Letter

26.01.2023 / 16:05 CET/CEST
The issuer is solely responsible for the content of this announcement.

Luxembourg, 26 January 2023 – Reference is made to the public announcements issued by Adler Group S.A. (“Adler Group”) on or around 25 November 2022, 9 December 2022 and 12 January 2023 in respect of a lock-up agreement signed on 25 November 2022 by a steering committee of bondholders (the “Lock Up Agreement”) and agreement on the terms of a comprehensive financial restructuring (the “Restructuring”).

In connection therewith, AGPS BondCo PLC (the “Plan Company”) has today issued a practice statement letter in respect of a proposed restructuring plan pursuant to Part 26A of the Companies Act 2006 in order to facilitate the implementation of the Restructuring (the “Practice Statement Letter” or “PSL”) addressed to, among others, holders of any of the following series of senior unsecured notes issued by Adler Group (the “Plan Creditors”):

  • €400,000,000 1.500 per cent. notes due 2024 (ISIN: XS1652965085).
  • €400,000,000 3.250 per cent. notes due 2025 (ISIN: XS2010029663).
  • €700,000,000 1.875 per cent. notes due 2026 (ISIN: XS2283224231).
  • €400,000,000 2.750 per cent. notes due 2026 (ISIN: XS2248826294).
  • €500,000,000 2.250 per cent. notes due 2027 (ISIN: XS2336188029).
  • €800,000,000 2.250 per cent. notes due 2029 (ISIN: XS2283225477). 

GLAS Specialist Services Limited (the “Information Agent”) has set up the Plan Portal (accessible via the Plan Website at https://glas.agency/investor_reporting/adler-group/) and the Plan Creditors are encouraged to contact the Information Agent to obtain access where the PSL may be downloaded.

Plan Creditors that have any questions relating to accessing the Plan Portal, the PSL and its contents may contact the Information Agent using the contact details below:

GLAS Specialist Services Limited
55 Ludgate Hill, Level 1, West
London, EC4M 7JW


Attention: Transaction Management Group/Adler
Phone: +44 20 3597 2940
Facsimile: +44 20 3070 0113
Email: lm@glas.agency 
Plan Website:



Investor Relations:
T +352 278 456 710
F +352 203 015 00
E investorrelations@adler-group.com

26.01.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

Language: English
Company: Adler Group S.A.
55 Allée Scheffer
2520 Luxembourg
Phone: +352 278 456 710
Fax: +352 203 015 00
E-mail: investorrelations@adler-group.com
Internet: www.adler-group.com
ISIN: LU1250154413
WKN: A14U78
Indices: , FTSE EPRA/NAREIT Global Index, FTSE EPRA/NAREIT Developed Europe Index, FTSE EPRA/NAREIT Germany Index
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; London, Luxembourg Stock Exchange, SIX
EQS News ID: 1544741

End of News EQS News Service

1544741  26.01.2023 CET/CEST