Issuer: Schutzgemeinschaft der Kapitalanleger e.V.
/ Key word(s): Bond/Capital Reorganisation
SdK invites bondholders of Schlote Holding GmbH to an investors call on 1st of February 2024 at 3 pm (cet) Schlote Holding GmbH has invited the bondholders of the 2019/2024 bond (ISIN: DE000A2YN256) to a vote without a meeting. This will take place from 09.02.2024 (0 a.m.) to 11.02.2024 (midnight). The bondholders are to approve a reduction in the nominal value of 50%. Furthermore, the maturity of the bond shall be extended by 9 years until November 21, 2033. The bondholders are also to agree that interest will no longer be paid annually, but will only become due on the repayment date; the annual cash interest payments of 6.75% made to date will be paid for the last time for the period 2022/23. The cash interest payment for the last interest payment period to date, 2023/24, is to be omitted. As the repayment amount is to be retained and would therefore correspond to the old nominal value of EUR 1,000, this would result in an implicit interest rate of 7.1773 % p.a. of the new reduced nominal value of EUR 500. In addition, lawyer Dr. Marc Liebscher, who is also a member of the board of SdK, the German association for the protection of invetsors, shall be appointed as joint representative of the bondholders. In order to provide bondholders with a brief overview of the current developments and our assessments and to discuss the resulotions, SdK invites all affected bondholders to an investor call on Thursday, February 1, 2024 at 3 pm (cet). The call will be held in German language. Interested bondholders can register at and will receive the access data against proof of the bond ownership (securities account statement, screenshot, e.g.). For further information on the proceedings, affected investors can also register for a free newsletter at The SdK also offers all bondholders free proxy voting at future bondholders' meetings.
30th of January 2024
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