MS ‘Deutschland’ Beteiligungsgesellschaft mbH
MS ‘Deutschland’ Beteiligungsgesellschaft mbH: Invitation to a second bondholder meeting at November 12th
MS ‘Deutschland’ Beteiligungs GmbH / Key word(s): Miscellaneous PRESS RELEASE MS “Deutschland” Beteiligungsgesellschaft mbH: Invitation to a second bondholder meeting at November 12th – Second bondholder meeting on November 12th, 2014 in Munich to decide on a joint representative – With an attendance of 25 percent of all votes the meeting will have quorum for all topics – Schutzgemeinschaft der Kapitalanleger e.V. (SdK), Deutsche Investoren Union (DIU e.V.) and institutional investors support Beckstein and his team of experts as joint representative of the bondholders Neustadt in Holstein, October 10th, 2014 MS “Deutschland” Beteiligungsgesellschaft mbh (the “Issuer”) convenes a second bondholder meeting for the holders of the bond 2012/2017, ISIN DE000A1RE7V0 / WKN A1RE7V for November 12th, 2014. The bondholder meeting will take place on November 12th, 2014, starting from 11.00h am in the Leonardo Royal Hotel Munich, Moosacher Straße 90, 80809 Munich. As stressed in previous press releases, in the context of the development of a comprehensive concept on financial restructuring, the issuer attaches importance to ensuring that the interests of the bondholders will be represented appropriately. Against that background, the issuer had already invited to vote on a joint representative of bondholders at a first bondholder meeting on October 8th. Despite having already experienced an attendance of 44 percent of the outstanding voting rights, the meeting nevertheless failed to meet the required quorum and thus was not able to decide. Therefore, a rerun, which will face lower quorum requirements, is necessary. The second meeting will be able to decide on a joint representative in any case. It will be able to decide on the proposals to postpone the coupon payment and to temporarily waive the bondholders’ cancellation rights if the attendance of outstanding voting rights is above 25 percent. In the first bondholder meeting, the quorum stood at 50%. The agenda matches the agenda of the first bondholder meeting. The proposed joint representative is attorney and former Prime Minister of Bavaria Dr. Günther Beckstein, He will be supported by the well-known and seasoned restructuring consultant Dipl.-Kfm. Stefan Ulrich, managing director of STU MANAGEMENT PARTNERS and expert for companies in special situations with encompassing management know-how. Both, SdK – Schutzgemeinschaft der Kapitalanleger e.V. and DIU e.V. – Deutsche Investoren Union as well as further institutional investors support Mr. Beckstein and his team as joint representative for the bondholders. The Invitation to the bondholder meeting (Joint Agent) has been published in the Federal Gazette and on the website of the issuer (http://www.msdeutschland-gmbh.de/investor-relations). The website of the issuer also features further information for bondholders such as registration documents. For further information please contact: Investors Business Media Corporate Information On MS “Deutschland” Beteiligungsgesellschaft mbH: MS “Deutschland” Beteiligungsgesellschaft mbH, headquartered in Neustadt in Holstein (Germany), operates cruises worldwide throughout the year as the owner of the ocean cruise liner MS DEUTSCHLAND, also known as the “Traumschiff” from the television series of the same name. With a length of 175m and a width of 23m, MS DEUTSCHLAND as “grand hotel of the high seas” has a total of 294 passenger cabins. Further Information: Capital Market Information: www.msdeutschland-gmbh.de This report contains forward-looking estimates and statements that were made on the basis of the information available at this time. Forward-looking statements reflect the point of view at the time they are made. MS “Deutschland” Beteiligungsgesellschaft mbH would like to point out that the actual circumstances and, consequently, the actual results realised at a later date may differ from the forecasts presented in this report for a variety of reasons. 10.10.2014 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
Language: | English | |
Company: | MS ‘Deutschland’ Beteiligungs GmbH | |
Am Holm 25 | ||
23730 Neustadt in Holstein | ||
Germany | ||
Phone: | 0049 4561 396-0 | |
Fax: | 0049 4561 8207 | |
E-mail: | info@deilmann.de | |
Internet: | www.msdeutschland-gmbh.de | |
ISIN: | DE000A1RE7V0 | |
WKN: | A1RE7V | |
Listed: | Frankfurt in Open Market (Entry Standard) | |
End of News | DGAP News-Service |
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