SolarWorld AG: Noteholders’ meeting for the 2010/2017 note consents to restructuring concept with majority of 99.806-08-13
At today’s noteholders‘ meeting held to adopt a new resolution on the restructuring concept, holders of the 2010/2017 note (ISIN XS0478864225 // WKN A1CR73) have consented to the company’s proposals in compliance with legal requirements – in particular with the necessary majority required by law. 99.8 percent of the attending voting rights consented to the proposed package of measures – as notified in the Federal Law Gazette on July 12, 2013 in the context of the invitation to the noteholders‘ meeting. 37.8 percent of outstanding notes were represented. A quorum of at least 25 percent was required.
Including today’s resolution, all financial creditor groups have given their approval to the restructuring concept. Yesterday, holders of note 2011/2016 (ISIN XS0641270045 // WKN A1H3W6) consented to the concept.
The implementation of the restructuring concept is subject to the prerequisite that this concept is also approved in compliance with the statutory requirements by the extraordinary shareholders‘ meeting of the company intended to be held on August 7, 2013.
Bonn, August 6, 2013
The Management Board