Negotiations with creditors; Non-payment of interest on 10% corporate bond
EQS-Ad-hoc: Fourcore Tech Finance / Key word(s): Bond Publication of inside information in accordance with Article 17 of Regulation (EU) No. 596/2014 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN ANY JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. Fourcore Tech Finance Ltd: Negotiations with creditors; Non-payment of interest on 10% corporate bond The Company has not yet paid the interest due on the Bond 2026 as of 28 February 2025, and this payment was also not made within the 30-day period specified under Section 9(1)(a) of the bond terms and conditions. The Company has elected to defer settlement while engaging in constructive discussions with all remaining known bondholders, with the aim of achieving mutually beneficial restructuring terms consistent with agreements already reached with the majority of holders. Fourcore Tech Finance Ltd ISIN: DE000A3K5H67, WKN: A3K5H6 Frankfurt Stock Exchange, Basic Board Alfredo Raez, on behalf of the Management Board as authorized representative End of Inside Information
19-May-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Fourcore Tech Finance |
4 Fitzhardinge St. | |
W1H 6EG London | |
United Kingdom | |
Phone: | +34 605 520 618 |
E-mail: | alfredo.raez@fourcorecapital.com |
Internet: | www.fourcore.com |
ISIN: | DE000A3K5H67, DE000A3L2B98 |
WKN: | A3K5H6, A3L2B9 |
Listed: | Regulated Unofficial Market in Frankfurt |
EQS News ID: | 2140780 |
End of Announcement | EQS News Service |
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2140780 19-May-2025 CET/CEST