EANS-Adhoc: ALPINE Holding GmbH
Consensus between Republic of Austria, banks
and ALPINE has been achieved
03.03.2013 – 21:26
-------------------------------------------------------------------------------- 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