REED, Formerly REALITES, Sets EUR 130.18 Million Debt-for-Equity Swap Under Restructuring Plan

PUBT · 21h ago
REED, Formerly REALITES, Sets EUR 130.18 Million Debt-for-Equity Swap Under Restructuring Plan
  • REED, formerly REALITES, finalized subscriptions for a debt-to-equity conversion totaling EUR 130.18 million under its restructuring plan.
  • The transaction will issue 1,797,957,801 new ordinary shares, with settlement and admission to trading scheduled for November 6, 2026.
  • Existing shareholders will retain just 0.27% of capital; unsecured creditors will hold 58.46%, secured creditors 37.72% and subordinated creditors 3.55%.
  • The capital increases will generate no cash proceeds, reducing financial debt through the conversion of creditor claims.


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