STEINHOFF INTERNATIONAL HOLDINGS N.V.
DGAP-News: Steinhoff International Holdings N.V. / Key word(s): Miscellaneous UPDATE ON CONFORAMA CONCILIATION AGREEMENT Steinhoff International Holdings N.V. (the "Company" or "Steinhoff") and with its subsidiaries, the "Group") With regards to the Conforama refinancing negotiations, the French Commercial Court of Meaux has today approved a Conciliation agreement entered into between Conforama Holding SA ("Conforama") and its creditors, as part of a French law conciliation process which provided the framework for the refinancing negotiations (the "Ruling"). This Ruling will allow Conforama to proceed to implement its financial restructuring. The key terms of the financial restructuring, which includes a total nominal value of EUR316m new money financing (including undrawn and conditional commitments, funds to be available from closing expected 15 April 2019), are set out in a Conforama presentation which has today been made available on the Company's website. The Company will provide further updates as appropriate. Shareholders and other investors in the Company are advised to exercise caution when dealing in the securities of the Group. Stellenbosch, 11 April 2019
11.04.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
| Language: | English |
| Company: | Steinhoff International Holdings N.V. |
| Herengracht 466 | |
| 1017 CA Amsterdam | |
| Netherlands | |
| Phone: | +27218080700 |
| Fax: | +27218080800 |
| E-mail: | investors@steinhoffinternational.com |
| Internet: | www.steinhoffinternational.com |
| ISIN: | NL0011375019 |
| WKN: | A14XB9 |
| Indices: | SDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 799039 |
| End of News | DGAP News Service |
799039 11.04.2019
