Ad hoc announcement – DF Deutsche Forfait AG: Write-down of creditor assets

23Mar2018

Grünwald, 23 March 2018, 14:46 CET/CEST – DF Deutsche Forfait AG (ISIN share: DE000A2AA204, ISIN bond: DE000A1R1CC4) has today written down the restructuring and trading portfolio by EUR 2.0 million. The portfolio forms part of the “creditor assets”, which, according to the insolvency plan of DF Deutsche Forfait AG serve to satisfy DF Deutsche Forfait AG’s insolvency creditors from the insolvency proceedings concluded in 2016. The write-downs do not affect the current operations of the company and are therefore not recognized in profit/loss. They result from estimates by the company’s lawyers and its latest findings regarding the recoverability of the receivables.

The Board of Management

 

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