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 [...]
Conditions precedent from the resolutions of the creditors’ meetings have occurred
Conditions precedent from the resolutions of the creditors' meetings on the restructuring of the Corestate bonds have occurred. Corestate Capital Holding S.A. (the "Issuer") hereby [...]
General Meeting resolves to create the authorized capital required for the restructuring
The Extraordinary General Meeting of Corestate Capital Holding S.A. ("Corestate") today resolved to increase the authorized capital with an approval of 99.7 percent and thus the required majority to amend [...]
Corestate appoints Stephan Goetschel as CRO to the Group Management Board
The Supervisory Board of Corestate Capital Holding S.A. has appointed Stephan Goetschel as Chief Restructuring Officer (CRO) to the Group Management Board. The Supervisory Board of [...]
Corestate implements important conditions from the approved restructuring concept
Corestate has fulfilled several key conditions from the agreed restructuring concept following the creditors' meeting on November 28, 2022. Supervisory Board with two new members – [...]
Changes in Supervisory Board and Management Board
Corestate Capital Holding S.A. ("CORESTATE") announces changes in the Supervisory Board and Management Board. The previous members of the Supervisory Board, Dr. Roland Folz and Dr. Friedrich Oelrich resigned [...]
Creditors’ meetings approve bond restructuring plan and lay foundation for company’s going concern
Today's creditors' meetings approved the bond investors' proposal with a large majority, thus clearing the way for a sustainable restructuring of the company. In the event of the successful implementation [...]
Creditors’ meetings approve modified restructuring concept
Creditors' meetings approve modified restructuring concept – Exchange of existing Bonds by way of a debt-to-equity and debt-to-debt swap planned – Significant adjustment of corporate governance of the Corestate [...]
CORESTATE supports creditors’ proposal for bond restructuring – Extraordinary General Meeting adjourned to 20 December 2022
The Management Board of CORESTATE Capital Holding S.A. (CORESTATE) has today unanimously decided to support the restructuring proposal of the Ad-hoc Committee (AHC), a group of large bondholders. The [...]
CORESTATE supports creditors’ proposal for bond restructuring – Extraordinary General Meeting adjourned to 20 December 2022
Luxembourg, 22 November 2022 - The Management Board of CORESTATE Capital Holding S.A. (CORESTATE) has today unanimously decided to support the restructuring proposal of the Ad-hoc Committee (AHC), a group [...]
Management board no longer believes that success of restructuring negotiations is more likely than not
Frankfurt, November 18, 2022 – Based on information received today on the progress of the negotiations between representatives of major noteholders and equity investors, the management board of Corestate Capital [...]
