Amber Beverage Group says Latvijas balzams seeks to end legal protection proceedings after creditors reject plan

• Amber Beverage Group Holding reported its subsidiary Amber Latvijas balzams filed to terminate its legal protection proceedings on Oct. 5, 2026.
• A proposed measures plan failed to secure creditor backing, despite providing for full principal repayment to secured creditors and suppliers.
• The company flagged a third party’s purchase of most claims from Luminor Bank and UBS, shifting influence among secured creditors.
• Bondholders sought cash coverage for liabilities tied to a parent-company guarantee; management rejected the terms as harmful to other creditors.
• Operations continued, with EUR 20.46 million of current taxes paid since the proceedings began; no new overdue liabilities were reported.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Amber Beverage Group Holding SARL published the original content used to generate this news brief on October 07, 2026, and is solely responsible for the information contained therein.