Adler Group has agreed an extension and capital hike with its debtors. The maturity of €3 billion in bonds, which was only negotiated a year ago, will be postponed to early 2030 from the end of 2028 and they will be partially increased to avoid forced sales of residential properties below market value.
Adler Plans Recapitalisation to Avoid Forced Sales
German Residential Investor Nominates Former Patrizia Manager Matthias Moser as Board Member
By Thomas Daily, Bert Erik ten Cate
May 28, 2024 | 8:06 AM
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