January 25, 2018 / 7:57 PM / 4 months ago

BRIEF-3W Power Says Noteholders Approve Restructuring Plan

Jan 25 (Reuters) - 3W Power Sa:

* DGAP-ADHOC: 3W POWER S.A. / AEG POWER SOLUTIONS: NOTEHOLDERS APPROVE RESTRUCTURING PLAN

* SAYS SECOND BONDHOLDERS’ MEETING APPROVED COMPANY’S RESTRUCTURING PLAN WITH A MAJORITY OF AROUND 85.3%. IN ADDITION

* 3W POWER- ‍A NOTEHOLDER OF 2014/2019 BOND HAS FILED AN OBJECTION AGAINST RESOLUTION PASSED IN TODAY’S SECOND BONDHOLDERS’ MEETING​

* ‍COMPANY WILL NOW HAVE TO WAIT IF THAT NOTEHOLDER FILES A LEGAL CHALLENGE​ Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below