PRESS RELEASE
News
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PRESS RELEASE
EQS-Adhoc: Branicks Group AG: Branicks Group AG: Agreement with lenders of bridge financing on provisional suspension of certain loan conditions and payment obligations
Branicks Group AG reaches agreement with lenders of bridge financing to suspend certain loan conditions and repayment obligations, paving the way for further negotiations on a sustainable new financing arrangement -
PRESS RELEASE
Branicks Group AG: Long-term lease signed with expanding themed restaurant operator at HELIO in Augsburg
Branicks Group AG signs long-term lease with expanding themed restaurant operator at HELIO in Augsburg, upgrading vicinity of Augsburg railway station. KoKoNo GmbH to open pan-European restaurant in early 2025. Branicks enhances operational portfolio business in a 1400 sqm unit inside the HELIO commercial building -
PRESS RELEASE
Branicks in negotiations to extend bridge financing and inviting promissory note holders to negotiations on extension of terms of promissory note loans maturing in2024–Targets for2023 largely achieved
Branicks Group AG is currently in negotiations to extend bridge financing and inviting promissory note holders to negotiate on the extension of terms of promissory note loans maturing in 2024. The management is focused on stabilizing the Group's financial position and pursuing debt relief, with no dividend planned for the 2023 financial year. Despite challenges, the company has largely achieved its annual targets for 2023 and is concentrating on implementing the 'Performance 2024' action plan to strengthen its liquidity and debt relief measures. -
PRESS RELEASE
EQS-Adhoc: Branicks Group AG in negotiations to extend bridge financing and inviting promissory note holders to negotiations on extension of terms of promissory note loans maturing in 2024 – No dividend planned
Branicks Group AG is currently in negotiations to extend bridge financing and inviting promissory note holders to negotiate the extension of terms for loans maturing in 2024. The company has also announced that no dividend is planned for the 2023 financial year. The Management Board is taking action to stabilize the Group’s liquidity position and reviewing additional measures to strengthen liquidity. Branicks has largely met its annual guidance for 2023, with funds from operations at around EUR 50 million. The company will keep the capital markets and the general public informed about its progress in accordance with statutory requirements. -
PRESS RELEASE
Branicks Group AG: Review of the 3rd Quarter and Outlook
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