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Branicks implemented amendments to its EUR 400 million corporate bond, extending maturity to Dec. 31, 2026. The changes were executed on Oct. 5 via a supplement to the global certificate in the clearing system. The revised terms allow a further extension to March 31, 2027 under certain circumstances.
Branicks Group AG announced that the maturity extension of its EUR 400 million bond has been implemented, extending the maturity to December 31, 2026, with a potential further extension to March 31, 2027. A vote on a comprehensive restructuring of the bond, aiming for an extension until 2030, is scheduled.