TTL seeks insolvency proceedings after EUR 10.5 million bond called early
Reuters2026/08/14 16:02- TTL Beteiligungs- und Grundbesitz decided to file for insolvency proceedings due to impending illiquidity.
- The board plans to submit the insolvency petition immediately following the ad hoc disclosure.
- The move follows the extraordinary termination of the bearer bond 2021/27 with a total nominal amount of EUR 10.5 million.
- Talks on an out-of-court restructuring and settlement failed to produce a timely, viable solution.
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