SoWiTec Group: Bondholders Approve Resolutions

SoWiTec group GmbH has announced that the holders of its 2018/2026 bond have approved all proposed resolutions in a recent meeting. The meeting took place in Sonnenbühl and saw participation from 48.47% of the bondholders, surpassing the required quorum of 25%.

The resolutions include a six-month deferral of a partial repayment of EUR 2,290,200 initially due on November 8, 2025. Additionally, bondholders agreed to waive their termination rights concerning this non-payment and empowered a joint representative to handle potential terminations and temporary waivers.

Frank Hummel, CEO of SoWiTec group, thanked bondholders for their support. The participation fee is expected to be paid in November 2025 following the implementation of the meeting's resolutions.