ATU Auto-Teile Unger - Notice
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RNS Number:4992T ATU Auto-Teile Unger InvestmentGMBH 30 April 2008 Release Update to all holders of the Floating Rate Notes 2014 issued by A.T.U Auto-Teile-Unger Investment GmbH & Co. KG Weiden, 30 April 2008. On April 1, 2008 A.T.U updated its High Yield Bond Holders regarding the latest developments relating to the A.T.U Group. The following statement provides a further update: • The definitive waiver and amendment agreement between A.T.U Auto-Teile-Unger Handels GmbH & Co. KG and its Senior Lenders of 1 April 2008 was conditional on the satisfaction of certain conditions precedent. These conditions precedent, in particular a capital injection in the amount of € 140 million by way of equity, have now been fulfilled. • Therefore, the financial restructuring, as proposed to the Senior Lenders on 22 February 2008, has now successfully been closed. This release and may contain predictions concerning the future. Such statements are based on certain assumptions made by the Management and are subject to a number of factors and uncertainties, so that the actual future results may vary considerably from the forecasts made. For example, these factors and uncertainties may relate to the economic and political developments taking place in Germany and internationally, the prevailing market conditions, the legal framework pertaining to the automotive after sales market, the fierce competition in our markets, the success of our expansion strategy, the successful integration of any potential acquisitions within the group and our ability to service our debts. Many of the factors and uncertainties are beyond our control. We accept no responsibility for correcting or updating any predictive statements concerning the future at a later stage. The information we supply is valid on its date of publication. We take no responsibility for supplementing, amending, correcting or updating such information in the event of a subsequent change in our assumptions or expectations. The statements shall not be deemed to enshrine any offer to sell securities or a solicitation of such. Contact: A.T.U Auto-Teile-Unger Investment GmbH & Co. KG - Finance and Investor Relations - Dr.-Kilian-Str. 11 D- 92637 Weiden i.d.Opf. Phone: +49-961-306-5644 Fax: +49-961-306-934 5644 E-mail: firstname.lastname@example.org This announcement has been issued through the Companies Announcement Service of The Irish Stock Exchange This information is provided by RNS The company news service from the London Stock Exchange END ISEBLGDSGXXGGIG