Legal Claims Threat Looms Over NORATIS AG Bondholders

Bondholders of NORATIS AG face potential financial losses as civil claims for damages loom, with a criminal investigation underway. The real estate company, linked to the Merz family, extended its bond term in September 2024 to stabilize its financial situation. However, a recent move to initiate protective shield proceedings has sparked concern among stakeholders.

According to Specialist lawyers, the promised capital increase by a major shareholder was not executed, leaving bondholders vulnerable. Legal experts highlight possible conflicts of interest involving IMMOWERK, a new major investor reportedly aligned with NORATIS's management. Allegations suggest parallels with past financial misconduct involving the Sympatex bond.

Bondholders are urged to seek legal counsel as proceedings develop, potentially affecting their financial returns significantly.