ALPINE Holding GmbH

EANS-Adhoc: ALPINE Holding GmbH
Consensus between Republic of Austria, banks and ALPINE has been achieved


--------------------------------------------------------------------------------
  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
  announcement.
--------------------------------------------------------------------------------
other/Company Information
03.03.2013


Today's talks between the Austrian state attorney's office (Finanzprokuratur),
Oesterreichische Kontrollbank, representatives of Alpine's creditor banks and
Alpine concerning Alpine Bau's restructuring agreement have had a positive
result. Accordingly, the banks will participate in the haircut in accordance
with the restructuring concept also in respect of the loans secured by a
guarantee of the Republic of Austria. This means that a vital condition for the
group's going concern has been met.

The formal signing of the restructuring agreement is expected to take place
during the coming days. Creditors are already supporting this by an overwhelming
majority and have underpinned this with undertakings for a continued standstill.
The bondholders' legal position will be unchanged, they are not affected by the
haircut. Alpine group is solvent.


Further inquiry note:
Mag. Johannes Gfrerer
Konzernpressesprecher ALPINE Gruppe
Telefon +43 662 8582 286
johannes.gfrerer@alpine.at
www.alpine.at

end of announcement                               euro adhoc 
--------------------------------------------------------------------------------


issuer:      ALPINE Holding GmbH
             Alte Bundesstraße  10
             A-5071 Wals bei Salzburg
phone:       +43 662 85 82
FAX:         +43 1 610 79 - 275
mail:     johannes.gfrerer@alpine.at
WWW:      www.alpine.at
sector:      Construction & Property
ISIN:        AT0000A0JDG2
indexes:     
stockmarkets: Regulated free trade: Wien 
language:   English
 

 

 



Das könnte Sie auch interessieren: