Branicks Group AG Finalizes Lock-Up Agreements for Restructuring

On July 31, 2026, Branicks Group AG announced the full effectiveness of lock-up agreements related to its note and promissory note restructuring. These agreements, signed with creditors on July 30, have met all necessary conditions, paving the way for Branicks to proceed with its restructuring plan.

Key elements include participation from over 50% of holders of €400 million notes and full participation from promissory note holders. Additionally, Josef Schultheis has been appointed Chief Restructuring Officer, while the chairman of the supervisory board has resigned.

Branicks is actively moving forward with its refinancing strategy, issuing a call for a vote among noteholders to further the restructuring process. Updates will be provided in compliance with legal requirements.