Cargolifter AG i.I. (delisted)
CargoLifter AG english
Inability to pay – Negotiations with investors and State of Brandenburg
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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CargoLifter AG inable to pay – Negotiations with investors and State of
Brandenburg continue
Despite all efforts, especially through negotiations with the central and local
government and investors, the company did not succeed to collect new financial
measures to resolve the current liquidity crisis, CargoLifter AG is no longer
able to pay all due payments. This also concerns salary payments being due at
the end of the month. Therefore, inability to pay has come.
CargoLifter AG continue its negotiations with banks, investors and the State of
Brandenburg. The possibility to use the already granted eighty per cent security
is still part of the dialogue with the State of Brandenburg. If a consortium of
finance partners could be achieved for the next finance step, already available
commitments of investors could be used. Through the successful execution of the
negotiations, CargoLifter AG intends to recover solvency.
end of ad-hoc-announcement (c)DGAP 28.05.2002
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WKN: 540261; ISIN: DE0005402614; Index: MDAX
Listed: Amtlicher Handel in Frankfurt; Freiverkehr in Berlin, Bremen,
Düsseldorf, Hamburg, Hannover, München und Stuttgart
281840 Mai 02
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