ABO Energy Secures Standstill Agreement to Facilitate Restructuring

ABO Energy GmbH & Co. KGaA has announced the successful conclusion of a standstill agreement with creditors, covering significant financial obligations such as syndicated loans and promissory notes. This agreement marks a crucial step toward a larger restructuring plan, which is currently under negotiation.

The creditors have agreed not to pursue termination rights while the restructuring plan is being developed. A renowned consulting firm has been appointed to draft a restructuring report, expected by mid-February 2026, guiding further negotiations.

Incorporating creditors from the 2024/2029 bond into the agreement is also a goal, requiring a collective vote. The company's management expresses cautious optimism, anticipating the successful implementation of the restructuring plan.