BayWa AG Agrees on Restructuring Term Sheet

BayWa AG has reached an agreement on a term sheet for an adjusted restructuring agreement, involving 267 of 268 necessary financing partners. The restructuring also includes an overhaul of a hybrid bond, requiring bondholders to forgo almost the entire principal and accrued interest. With contributions from major shareholders Bayerische Raiffeisen-Beteiligungs-AG and Raiffeisen Agrar Invest AG, the agreement aims to extend the restructuring period and fortify financial health.

The Board of Management anticipates final agreement with the remaining financing partner soon. The restructuring is designed to revitalize BayWa AG's operations and financial structure, contingent on contributions by subordinated debt holders. Confidence remains that the full restructuring agreement will gain necessary board approvals by year's end, supporting the company's long-term competitiveness.