BENGALURU: Germany‘s embattled landlord Adler Group said on Friday that it has reached a restructuring agreement with its bondholders which will strengthen its equity by 2.3 billion euros ($2.49 billion).
The agreement also provides additional liquidity of up to 350 million euros, the German company said. As part of the agreement, the bondholders will hold 75% of total voting rights in the company.
Adler, one of Germany’s biggest landlords, said its subsidiary AGPS BondCo plc will…
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