ABO Energy Secures Standstill Agreement with Creditors

ABO Energy GmbH & Co. KGaA has successfully negotiated a standstill agreement with its creditors concerning major financial commitments. This agreement pertains to various financing arrangements, including syndicated loans, bilateral loans, and promissory note loans.

This development marks the initial phase in executing a comprehensive restructuring plan, which ABO Energy is actively discussing with its financial partners. These partners have set specific preconditions for maintaining existing financing terms and considering any new funding. These include consensus on a restructuring plan and the drafting of a restructuring report.

A consulting firm has been tasked with crafting this report, with a preliminary version expected by February 2026. The company's management is optimistic about implementing the restructuring strategy successfully.