Ad hoc announcement pursuant to Art. 17 of the Market Abuse Regulation
- REO Spain Projektentwicklungs GmbH is considering extending the term the 2015 corporate bond -
The management of REO Spain Projektentwicklungs GmbH intends to propose to the bond-holders of the corporate bond issued in 2015 with a nominal value of EUR 25,000,000.00 (ISIN: DE000A13SH22) to grant them further options to postpone the final maturity date of the bond by means of a creditor resolution in order to be able to counteract the expected negative effects of the Corona crisis by using the bond if necessary. Without an extension, the bond would be due for repayment on November 4, 2020.