Hertha BSC Announces Delisting of Bonds
Initial €40 Million Bond Extension Proposal Meets Success
Hertha Berliner Sport-Club GmbH & Co. KGaA (Hertha BSC) has announced that its previous proposal to extend the maturity of its corporate bonds by €40 million has been met with success. The proposal was approved by a majority of bondholders, ensuring the continued financial stability of the club.
Extension Details
The original bond, designated as A2NBK3, had a face value of €10,500 and a maturity date approaching. However, the successful extension has postponed the next coupon payment and extended the bond's maturity date.
Comments