News

Message for all bondholders: 

Dear bondholder, 

Our news releases relating to our common representative mandates are only available in German and can be found on the German version of our website (http://www.onesquareadvisors.com/deutsch/news/aktuelles.php). If you require information on any of these situations, you can contact us on +49 89 15 98 98 0 or info@onesquareadvisors.com where we will be happy to assist you. 

Kind regards, 

Your One Square Advisors Team

2017 | 2016 | 2015 | 2014 | Archiv

19.10.2017 |

G&P GmbH & Co. KG: SolarWorld AG (WKN: A1YCN1 / WKN: A1YDDX) – Publication of the insolvency administrator’s report to an online data room
 

Munich, 19 October 2017 - G&P GmbH & Co. KG and Alexander Elsmann, in their role as Joint Representatives of all bondholders for both SolarWorld AG bonds (ISIN DE000A1YCN14 / WKN A1YCN1 und ISIN DE000A1YDDX6/ WKNA1YDDX), have created in a virtual online data room for the purpose of making the insolvency administrator’s report, dated 11 October 2017, available to bondholders. Please note that the report is only available in German.


more

06.10.2017 |

One Square Advisory Services GmbH: Rickmers Holding AG (WKN: A1TNA3 / ISIN: DE000A1TNA39) –claims arising from the bond filed with the administrator and conference call on 17 October 2017

 

München, 9 Oktober 2017

  • Claims arising from the bond filed with the administrator by the joint representative
  • Conference call subsequent to the creditors‘ meeting (10 October 2017) on 17 October 2017

The joint representative has filed the claims arising from the bond WKN: A1TNA3 / ISIN: DE000A1TNA39, consisting of the nominal value, interest due on 11 June 2017 and accrued interest since that date, with the administrator. Bondholders are not affected by the repeated notice from depot banks to file claims with the administrator. 


more

18.09.2017 |

One Square Advisory Services GmbH: Rickmers Holding AG (WKN: A1TNA3 / ISIN: DE000A1TNA39) – creditors‘ meeting on 10 October  2017 and filing of bondholders‘ claims

 

Munich, 18 September 2017

  • The joint representative will exercise the bondholders‘ rights in the creditors‘ meeting on October 10, 2017
  • The joint representative will file the claims of all bondholders for repayment of capital and interest with the administrator

In the insolvency proceedings over the assets of Rickmers Holding AG, the local court of Hamburg has convened a creditors’ meeting on October 10, 2017 – 09:30 CET (Local Court of Hamburg, Sievekingplatz 1, 20355 Hamburg, I. Etage, Sitzungssaal Plenarsaal A 156).


more

23.08.2017 |

SANHA GmbH & Co. KG: One Square files countermotion and invites to investors call on 1. September 2017

Munich, 23. August 2017 - Following the failure of the first vote without a meeting, due to a lack of presence, SANHA GmbH & Co. KG invites to a second bondholder meeting on 15. September 2017. The approval for the company's restructuring concept in the context of the vote without a meeting was according to the company's own statement, only 10% of the nominal amount of the bond.


more

08.08.2017 |

Golden Gate GmbH i.I.: successful sale of the Bundeswehr hospital; Insolvency administrator announces a timely further payment to the bond creditors

Munich, 8. August 2017 – One Square Advisory Services GmbH, in its capacity as joint representative of the EUR 30.0 million bond (WKN: A1KQXX ISIN: DE000A1KQXX5), informs the bond holders about the successful sale of the Bundeswehr hospital in Leipzig and the subsequent payment to the bond creditors.


more

09.06.2017 |

One Square Advisory Services GmbH: Rickmers Holding AG – Termination of listing of Rickmers bond 2013/18 (WKN: A1TNA3 / ISIN: DE000A1TNA39) in Prime Standard segment on Frankfurt Stock Exchange

Munich, June 09, 2017 - Rickmers Holding AG filed for termination of Rickmers bond's 2013/18 (WKN: A1TNA3 / ISIN: DE000A1TNA39) listing in Prime Standard on Frankfurt Stock Exchange.


more

05.05.2017 |

 

Wolf Waschkuhn, Managing Director of One Square and head of the London office, was appointed co-chair of the Strategic Task Force 2025 of INSOL Europe. Together with Dr Steffen Koch of insolvency firm hww, he will lead the strategy development of INSOL Europe, Europe's biggest association of insolvency adminstrators and restructuring professionals.


more

11.10.2017 |

One Square Advisory Services GmbH: Rickmers Holding AG (WKN: A1TNA3 / ISIN: DE000A1TNA39) – Report at the Report meeting and written comment of the custodian available for Bondholders

 

Munich, 11 October 2017 - The self-administration of Rickmers Holding AG provided the report at the creditors’ meeting on 10 October 2017. The custodian has also provided his written comment on the report. ‎


more

02.10.2017 |

One Square continues expansion

One Square continues its expansion. Jochen Ihler will join One Square’s Frankfurt office and reinforce its German team as senior advisor.  Jochen Ihler is the most recent addition in its hiring spree after Nadja Schnabel (Frankfurt), Sam Macaulay (Munich), Richard Thomson and Carl-Gustav Beckmann (both London).


more

11.09.2017 |

One Square Advisory Services GmbH: Rickmers Holding AG (WKN: A1TNA3 / ISIN: DE000A1TNA39) – Joint representative ensures the continued trading of the bond

 

Munich, September 11, 2017 - On June 09, 2017 Rickmers Holding AG announced, that it filed for the termination of the listing of the 2013/18 bond (WKN: A1TNA3 / ISIN: DE000A1TNA39) in Prime Standard on Frankfurt Stock Exchange. 


more

16.08.2017 |

Laurèl GmbH: Suspense of trading of Laurèl bond to implement debt to equity swap

Munich, 16. August 2017 - The Frankfurt Stock Exchange has suspended the trading of the Laurèl bond (ISIN: DE000A1RE5T8) with effect of 15. August 2017. The suspense of trading came into effect after the period of appeal expired on 31 July 2017. Subsequently, the Insolvency Court confirmed to implement the insolvency plan.


more

28.07.2017 |

SANHA GmbH & Co. KG: Substantial financial restructuring necessary, opinion of the issuer confirms the need for the countermotion of One Square

  • Sanha's restructuring concept does not meet the requirement for a profound financial restructuring
  • One Square's proposed measures in the countermotion are generally accepted and industry standard
  • Value of real estate collateral is not comprehensible
  • The objective is to establish a blocking majority with the aim to enter into a constructive dialogue with the issuer and formulating an appropriate restructuring concept

Munich, 28. August 2017 - The opinion of SANHA GmbH & Co. KG, dated July 24, and the company's written statement in regards to the queries of One Square confirm the need for the countermotion of One Square. The issuer has announced that the repayment of the Notes will not be made at original maturity, but the maturity to be postponed by 5 years. In addition, the issuer suggests  to reduce the coupon of 7.75% p.a., to be able to shoulder the capital service.


more

02.06.2017 |

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 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.


more

31.03.2017 |

One Square Advisory Services GmbH: Steilmann SE – First status report available for bondholders

 

Munich, March 31, 2017 – The insolvency administrator of Steilmann SE submitted today the first status report on the insolvency proceedings of Steilmann SE to One Square Advisory Services GmbH in its capacity as joint representative for the bonds 2014/18 (WKN: A12UAE /ISIN: DE000A12UAE0) and 2015/17 (WKN: A14J4G /ISIN: DE000A14J4G3). ‎


more