10.05.2024 20:34:15 - dpa-AFX: EQS-Adhoc: ACCENTRO announces result and status of negotiations on 'no action letters' with a group of major bondholders of the 2020/2026 bond and the bondholder of the 2021/2029 bond (english)

ACCENTRO announces result and status of negotiations on 'no action letters'
with a group of major bondholders of the 2020/2026 bond and the bondholder of
the 2021/2029 bond

EQS-Ad-hoc: Accentro Real Estate AG / Key word(s): Financing/Real Estate
ACCENTRO announces result and status of negotiations on 'no action letters'
with a group of major bondholders of the 2020/2026 bond and the bondholder
of the 2021/2029 bond

10-May-2024 / 20:33 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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ACCENTRO announces result and status of negotiations on "no action letters"
with a group of major bondholders of the 2020/2026 bond and the bondholder
of the 2021/2029 bond

Berlin, 10 May 2024 - ACCENTRO Real Estate AG (the "Company") announces that
a group of major bondholders of the 2020/2026 bond (ISIN DE000A254YS5 / WKN
A254YS, "2020/2026 bond"), which in total account for approx. 41,6 % of the
bond capital, have signed a "no action letter".

Essentially, the no action letter is intended to preclude a termination of
the bond due to a breach of the limitation on net financial indebtedness set
out in the bond terms and conditions and the agreed reporting obligations as
well as corresponding enforcement. In addition, the no action letter
contains the following main provisions: The provision of certain third-party
validations as a prerequisite for validity, the Company's obligation to meet
certain milestones, including certain obligations to prepare a restructuring
solution to be negotiated with the respective bondholders in the upcoming
months, and a provisional term until 14 July 2024.

The negotiations with the bondholder of the 2021/2029 bond (ISIN
DE000A3H3D51 / WKN A3H3D5, "2021/2029 bond") on a corresponding no action
letter are constructive and positive. However, it has not yet been possible
to reach a final agreement on all commercial and legal issues.

The Management Board and the Company's advisors are working intensively to
bring the negotiations with the bondholder of the 2021/2029 bond to a
successful conclusion and implement the agreement in principle in a singed
no action letter in due time.

Notifying person:

Thomas Eisenlohr, Head of Investor Relations
Phone: +49 (0)30 887181272
eisenlohr@accentro.de

Berlin, 10 May 2024

The Management Board
ACCENTRO Real Estate AG
Kantstraße 44/45
D-10625 Berlin

ISIN: DE000A0KFKB3 / DE000A3H3D51 / DE000A254YS5

Stock exchange: Frankfurt Stock Exchange, regulated market (Prime Standard)
/ Luxembourg Stock Exchange


End of Inside Information

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10-May-2024 CET/CEST The EQS Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

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   Language:       English
   Company:        Accentro Real Estate AG
                   Kantstr. 44/45
                   10625 Berlin
                   Germany
   Phone:          +49 (0)30 - 887 181 - 0
   Fax:            +49 (0)30 - 887 181 - 11
   E-mail:         info@accentro.ag
   Internet:       www.accentro.ag
   ISIN:           DE000A0KFKB3
   WKN:            A0KFKB
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1900773




End of Announcement EQS News Service
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1900773 10-May-2024 CET/CEST
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
ACCENTRO R.EST.AG O.N. A0KFKB Frankfurt 0,392 22.05.24 09:17:59 -0,008 -2,00% 0,000 0,000 0,352 0,392

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