MIFA Mitteldeutsche Fahrradwerke AG / Key word(s): Bond 11.08.2014 07:32 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- MIFA: Bondholders' joint representative approves in principle to defer the interest payment due on 12 August to 25 August Sangerhausen, 11 August 2014 - One Square Advisory Services GmbH, the joint representative of all holders of MIFA's 2013/2018 bond (SIN: A1X25B/ ISIN: DE000A1X25B5), today has approved in principle to defer the first interest payment from the bond due on 12 August 2014 until 25 August 2014 and will not derive any rights from the bond within that period, especially no interest claims. On 23 July 2014, One Square Advisory Services GmbH was appointed the joint representative of all bondholders at a bondholders' meeting. It was also authorized to approve the deferral of the first interest payment from the bond due on 12 August 2014. The deferral of the interest claim provides additional room for manoeuvre to continue further negotiations between all stakeholders as part of the restructuring of the company. MIFA's Executive Board is currently conducting intensive talks with the joint representative of the bondholders, all other financing partners and the Indian bicycle manufacturer Hero Cycles Ltd., in order to conclude a restructuring agreement within the next two weeks. Contact: Mark Appoh cometis AG Unter den Eichen 7 65195 Wiesbaden Tel.: +49 (611) 205855-21 Fax: +49 (611) 205855-66 E-Mail: appoh@cometis.de 11.08.2014 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: MIFA Mitteldeutsche Fahrradwerke AG Kyselhäuser StraÃe 23 06526 Sangerhausen Germany Phone: 03464-5370 Fax: 03464-537251 E-mail: b.mirau@mifa.de Internet: www.mifa.de ISIN: DE000A0B95Y8 WKN: A0B95Y Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Hamburg, München (m:access), Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: MIFA: Bondholders' joint representative approves in principle to defer the interest payment due on 12 August to 25 August
| Source: EQS Group AG