Accentro Real Estate AG Implements Bond Amendments

Accentro Real Estate AG has successfully amended the terms of several bonds. These changes affect the Reinstated 2026 and 2029 Senior Notes, the Super Senior Notes, and the East Refinancing Notes. The amendments have been approved by bondholders through consensual agreements.

Key modifications include maturity extensions, exemption from mandatory amortisation provisions, and increased acquisition capacities. Specifically, bond maturities have been extended, and amortisation obligations have been adjusted. In addition, the tap issue cap on the Super Senior Notes is raised, enhancing capital flexibility. Bondholders have waived certain rights related to previous breaches, enabling more room for strategic adjustments.

The Intercreditor Agreement was also updated, granting Accentro a repurchase basket of up to EUR 10 million. Overall, these amendments aim to provide Accentro with greater financial and operational flexibility in navigating market conditions.