BOOSTER Precision Components Enters Talks for Standstill Agreement

BOOSTER Precision Components Holding GmbH has announced that it is in advanced negotiations for a standstill agreement with holders of its senior secured corporate bond. This bond, with a maturity date set for November 28, 2026, involves an Ad hoc Group representing over 60% of the bond's nominal amount. These discussions are aimed at providing the company with further financial support, potentially altering bond terms and conditions, and securing additional financing.

The company is working towards an agreement where the Ad hoc Group will not exercise rights to accelerate the bonds due to an interest payment issue. The group is expected to support a written procedure to defer the interest payment scheduled for May 28, 2026. This postponement is intended to preserve liquidity during ongoing discussions.

BOOSTER Precision Components aims to keep stakeholders informed about the progress of these talks. It emphasizes that this communication is not financial advice or an offer related to financial instruments.