Branicks Group AG has announced that the regular interest payment on its corporate bond of EUR 400,000,000, a green bond with an interest rate of 2.250% and original maturity in 2026, was made on schedule and in full on 22 September 2026. This measure confirms the company's fulfilment of financial obligations as part of its ongoing restructuring efforts. The bond in question was originally issued in 2021/2026 and represents a significant component of the Group's financing structure.
A crucial step towards stabilising the bond structure was achieved with the expiration of the one-month challenge period for the bondholders' resolutions on 18 September 2026. These resolutions, passed via a vote without a meeting from 15 to 17 August 2026, have thus become unchallengeable. The District Court of Frankfurt am Main confirmed upon inquiry that no lawsuits against the adopted resolutions had been received by the competent chambers to date, which underscores the legal validity of the decisions.
Details on the Bond Terms and their Implementation
The approved amendments to the bond terms specifically provide for an extension of the bond's original maturity. This will be extended until 31 December 2026, with the additional option of a further extension until 31 March 2027. These measures are an integral part of Branicks Group AG's restructuring strategy. The execution of these changes is expected to be completed within a few days, although it is anticipated that this will not occur before 22 September 2026.
MR Treuhand GmbH from Munich, acting as the joint representative for the bondholders, has issued a significant statement. It confirmed that the repayment of the bond originally scheduled for 22 September 2026, as well as any default interest on the repayment amount, will not be seriously demanded until the formal implementation of the maturity extension. Furthermore, the exercise of certain termination rights by creditors has been waived, which further eases the situation for the company and facilitates the implementation of the restructuring measures.
Impact on Trading and Future Communication
Trading in the bond on the Luxembourg Stock Exchange has been temporarily suspended since 18 September 2026. This measure aims to ensure an orderly process until the approved amendments to the bond terms are fully implemented and the new conditions can be clearly communicated. The company has also pledged to continuously inform capital markets about the further progress of the restructuring, in accordance with legal requirements. This ensures transparency for investors and other market participants.
