on Branicks Group AG (isin : DE000A1X3XX4)
Branicks Group AG Secures Standstill Agreements for Maturing Promissory Notes
Branicks Group AG, a prominent German property firm, has successfully entered into standstill agreements with principal creditors for promissory note loans maturing in March and April 2026. The total nominal value of these loans is EUR 87.0 million, and the standstill is effective until the end of June 2026.
This development forms part of the company's ongoing discussions to refinance its 2026 financial liabilities. The Executive Board has decided to engage bondholders with a EUR 400 million bond due on 22 September 2026, aiming to formulate a comprehensive financing plan. Branicks intends to keep the capital market and public updated on further progress as required by law.
R. E.
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