One Square Advisory Services GmbH: Rickmers Holding AG – One Square Advisory Services GmbH elected as joint representative for the bond 2013/18 (WKN: A1TNA3 / ISIN: DE000A1TNA39)
 
Munich, June 09, 2017 - 

Termination of listing of Rickmers bond 2013/18 (WKN: A1TNA3 / ISIN: DE000A1TNA39) in Prime Standard segment on Frankfurt Stock Exchange

 

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Munich, June 02, 2017 - On 1st June 2017, the second meeting of the bondholders of the bond, issued by Rickmers Holding AGs (WKN: A1TNA3 / ISIN: DE000A1TNA39), took place in Hamburg. The bondholders appointed One Square Advisory Services GmbH to represent them and to assume their rights and obligations in the insolvency proceeding of Rickmers Holding AG. One Square Advisory Services GmbH will exclusively represent the bondholders’ rights and interests and will aim to maximise the bondholders’ recovery in the insolvency proceedings of Rickmers Holding AG. Furthermore, One Square Advisory Services GmbH will file the bondholders’ claims for repayment of the bond’s nominal value to the list of creditors once requested by the administrator. Bondholders are not entitled to register this claim individually.
 
Until 31st May 2017 One Square Advisors GmbH was mandated by Rickmers Holding AG as advisor for the restructuring of the bond. One Square Advisors GmbH resigned from its mandate on 31st May 2017 to avoid any conflict of interest. The Bondholders elected One Square Advisory Services GmbH because of their experience and knowledge of the current situation and in particular of Rickmers Holding AG’s relationship with other creditors, such as HSH Nordbank. Under the supervision of the court, One Square Advisory Services GmbH will aim to reach an agreement for the bondholders with the company and the banks on the restructuring of the company in order to achieve the best recovery for the bondholders.
 
One Square Advisory Services GmbH informs registered bondholders about the proceedings and is available for further questions at any time, especially under rickmers@onesquareadvisors.com. Bondholders are asked to register for the mailing list under this address.
 
Contact
One Square Advisory Services GmbH
Theatinerstr. 36
80333 Munich
rickmers@onesquareadvisors.com 
www.onesquareadvisors.com
 

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