Theolia told investors its bondholders will be entitled to ask for the repayment as of 1 January 2015 and that “the group considers that, in its current situation, it would not be able to pay the entire amount”.
As a consequence, Theolia is examining scenarios that include implementing a capital increase, issuing a new debt with an extended maturity date, disposing of assets and being subject to another takeover offer – while also trying to renegotiate the terms of its existing convertible bond.
But
