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Agrowill Group, AB successfully fulfills its obligations of restructuring plan and provides final remaining payment to the creditors - 85 percent of creditor‘s amount

07-04-2015


KOMISJA NADZORU FINANSOWEGO
Raport bieżący nr 67 / 2015
Data sporzÄ…dzenia: 2015-04-07
Skrócona nazwa emitenta
AGROWILL GROUP AB
Temat
Agrowill Group, AB successfully fulfills its obligations of restructuring plan and provides final remaining payment to the creditors - 85 percent of creditor‘s amount
Podstawa prawna
Treść raportu:
Restructuring AB "Agrowill Group“ begins the final settlement with the Company's creditors. As provided in the Company's restructuring plan - the Company this week, April 7-10, 2015 will pay the remaining debts to its creditors - 85 percent of creditors claims, i.e. 2,96 million EUR.

15 percent of their claims Company’s creditors received in April, 2014.

Payment for bond holders of the Company will be transfered to representative of bond holders – brokerage company UAB FMĮ Orion Securities, which is due to distribute payments to accounts of bond holders.

After final settlement with the Company's creditors in accordance with law the Company will apply to the court for the completion of the process of restructuring.

Agrowill Group, AB informs that remaining payments to the creditors of its subsidiary agricultural companies (ten companies) - 85 percent of creditors claims, i.e. 1,56 million EUR will be carried out as it is foreseen in the restructuring plans of each company till the December 2015.

Agrowill Group, AB notes that the settlement with creditors of the Agrowill Group, AB and the subsidiary companies is carried out exactly as envisaged in the restructuring plans of each company. In the third year of restructuring (starting from restructuring plans approval), i.e. in 2013-2014, it were paid 15 percent of creditors claims, and in the last year of restructuring – 2015, the remaining 85 percent of creditors claims will be settled.


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