Public disclosure of inside information according to article 17 MAR
German Listed Bonds plc: Events of Default in relation to certain Facility Agreements between Issuer and Ampere Projektentwicklungsgesellschaft
London
(pta001/31.12.2019/03:05 UTC+1)
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We refer to the following Securities being traded at the Frankfurt Stock Exchange (open market): the Series 2018-GLB 1 EUR 5,840,000 profit participating certificates 17/04/2022 (ISIN XS1856028342) ("Series 1"), Series 2018-GLB 2 EUR 10,685,000 profit participating certificates due 17/04/2022 (ISIN XS1856028425) ("Series 2") and Series 2018-GLB 3 USD 21,575,000 profit participating certificates due 13/09/2021 (ISIN XS1921996382) ("Series 3") (together, the "Notes"), issued by German Listed Bonds Plc (the "Issuer").
Events of default have arisen in relation to the 2019 facility agreements between the Issuer as lender and Ampere Projektentwicklungsgesellschaft mbH as borrower which are set out in more detail in the announcement made by the Issuer on 13 December 2019 ("German Facility Default").
The German Facility Default has had an adverse impact on the Issuer's ability to pay a coupon due to holders of the Series 3 notes and the coupon payment was not made to the holders of Series 3 notes on its due date on 15 December 2019 or within the applicable grace period which expired on 29 December 2019.
As a result, an event of default has now occurred under the programme documentation for Series 3 notes.
The Issuer has notified the Trustee and the Security Trustee of the above and is working through the situation with the borrower.
For any questions please contact:
Name: Carl Mauritzon
Position with Issuer: Director
Phone: +44 (0) 203 397 9912
E-Mail: info@germanlistedbonds.com
Language: English
Issuer: German Listed Bonds Plc, Brompton Place, 161 Brompton Road, London, SW3 1QP
Phone: +44 (0) 203 397 9912
E-mail: info@germanlistedbonds.com
Internet: https://www.germanlistedbonds.com
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Emitter: |
German Listed Bonds plc Brompton Place, 161 Brompton Road SW3 1PQ London United Kingdom |
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Contact Person: | Dr. Jan-Felix Kumkar | |
Phone: | +44 203 397 9912 | |
E-Mail: | kumkar@greenfort.de | |
Website: | www.germanlistedbonds.com | |
ISIN(s): | XS1856028342 (Bond) | |
Stock Exchange(s): | Free Market in Frankfurt | |
Other Stock Exchanges: | SIX Swiss Exchange |