The crisis-ridden BayWa Group is tightening the thumbscrews for some of its financial creditors. They are now to be forced to agree to the restructuring concept and extend their loans until 2027. There are no plans for the lending banks to waive their claims. However, this may delay the publication of the annual and consolidated financial statements for the 2024 financial year.
Shareholders should not be affected.
https://www.wochenblatt-dlv.de/maerkte/baywa-krise-konzern-greift-harten-mitteln-579527
