EQS-News

Corestate Capital Holding S.A.: Invitation to acquire New Super Senior Notes and New Shares by professional investors and qualified investors by submitting an offer until 30 June 2023

EQS-News: Corestate Capital Holding S.A. / Key word(s): Bond/Corporate Action Corestate Capital Holding S.A.: Invitation to acquire New Super Senior Notes and New Shares by professional investors and qualified investors by submitting an offer until 30 June 2023 16.06.2023 / 18:23 CET/CEST The issuer is solely responsible for the content of this announcement.

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Invitation to acquire New Super Senior Notes and New Shares by professional investors and qualified investors by submitting an offer until 30 June 2023

Luxembourg, 16 June 2023 – As announced in the invitations to the creditors' meetings (the "Creditors' Meetings") of the holders of the EUR 200,000,000 1.375% convertible bonds 2022 (ISIN: DE000A19SPK4 / WKN: A19SPK, the "Convertible Bonds 2022") and the EUR 300,000,000 3.5% notes 2023 (ISIN: DE000A19YDA9 / WKN: A19YDA, the "2023 Notes" and together with the Convertible Bonds 2022 the "Notes") each issued by Corestate Capital Holding S.A. ("Corestate" or the "Company"), published on 2 June 2023 in the Federal Gazette and on the homepage of the Company, – subject to compliance with securities law, supervisory law and other legal requirements – holders of the Notes who each hold at least 14 Notes and who are professional investors and qualified investors are invited to submit offers ("Offers") for the pro rata acquisition of:

1. new secured notes to be issued by Corestate with a total nominal amount of EUR 37 million and a denomination of EUR 100,000 each, which will have priority over the Notes (as amended in accordance with the resolutions of the Creditors' Meetings scheduled for 21 June 2023) with respect to the repayment of principal, the payment of cash interest and the distribution of any proceeds from the realization of collateral ("New Super Senior Notes"); and
    
2. new shares of the Company ("New Shares").

The ratio at which holders of Notes can make Offers to acquire New Super Senior Notes is the pro rata amount, i.e. the ratio of the number of Notes divided by the number of New Super Senior Notes, rounded up to an integral multiple of one (1), i.e. 14:1. Holders of Notes must therefore hold 14 Notes in order to acquire one (1) New Super Senior Note, 28 Notes in order to acquire two (2) New Super Senior Notes, etc. For each New Super Senior Note to be acquired, the relevant subscribing holder of Notes has to pay an amount of EUR 100,000 in cash to the Company. In addition, per New Super Senior Note to be acquired, such holder has to make a payment to the Company in an amount of EUR 57.93 (EUR 0.00018055 per New Share) for the acquisition of 320,871 New Shares.