HANNOVER LEASING sells educational campus „Haus des Lebenslangen Lernens“ in Dreieich to Montano Real Estate
München, 4 October 2023 – Hannover Leasing, a subsidiary of Corestate Capital Group (Corestate), has successfully sold "Haus des Lebenslangen Lernens, Dreieich („HLL“) for a closed-end public fund it [...]
HANNOVER LEASING Group expands and strengthens its management team
Pullach, 29 September 2023 – The HANNOVER LEASING Group is appointing two new Managing Directors as of 1 October 2023 and 1 November 2023. Oliver Priggemeyer (54) and Stefan [...]
Corestate successfully completes financial restructuring
Debt significantly reduced; future focus to be on asset management Financial liabilities from bonds reduced from a total of €535m to €143m Equity base significantly strengthened thanks to recapitalization Parallel [...]
Extraordinary General Meeting votes with large majority for restructuring of share capital
Number of shares increased from around 34m to around 166m Completion of recapitalization in August 2023 Luxemburg, 14. Juli 2023 – Today's extraordinary shareholders' meeting of Corestate Capital Holding [...]
HANNOVER LEASING Group sets strategic course and strengthens core business with institutional clients
Staff reinforced on the market side Corporate governance further developed Pullach, 28 June 2023 – As part of the strategic development of HANNOVER LEASING's business activities, the company has [...]
Noteholders’ meetings approve bond restructuring with large majority – important milestone for debt reduction reached
Bond volume reduced from € 488.3m to € 105.5m Balance sheet recapitalization completed by August Change to General Standard on the Frankfurt Stock Exchange applied for Luxemburg, 21 June [...]
Management Board downsized to two members – CFO Udo Giegerich leaves the company at his own request – bridge financing provided as planned
Luxembourg, 10 May 2023 – The Management Board of Corestate Capital Holding S.A. ("Corestate") will consist of two members in the future. CFO Udo Giegerich will leave the Management [...]
Alternative restructuring concept simplifies short-term recapitalization and significant debt reduction – corporate governance adjusted
Dr. Nedim Cen moves from the Supervisory Board to the Management Board as CEO Increase of bridge financing to € 35m provides further financial flexibility Broad support from [...]
Noteholders’ meetings vote for extension of bond maturities
Bond investors unanimously decide to roll over the notes until the end of July 2023 Extension enables the development of an alternative restructuring concept [...]
Corestate adjusts business strategy and pursues alternative restructuring concept
Corestate Capital Holding S.A. ("Corestate") will consider an alternative restructuring concept ("Alternative Concept") in view of the planned restructuring of the debt instruments. The implementation of this Alternative Concept [...]
Changes in the Management and Supervisory Board of the HANNOVER LEASING Group
Martin Eberhardt will move from the Supervisory Board to the Management Board of HANNOVER LEASING Investment GmbH, a company of the CORESTATE Capital Group (Corestate), effective 1 February 2023. As [...]
Appointment of auditor for the financial year 2022 delayed – audited financial statements unlikely to be available by 30 April 2023
In view of the complex bond restructuring procedures, the process to appoint an auditor for the consolidated and separate financial statements of Corestate Capital Holding S.A. ("Corestate") for the past [...]