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Nanogate SE Zum Schacht 3 66287 Quierschied-Göttelborn, Germany http://www.nanogate.de
Contact Mr Christian Dose +49 69 577030021
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Nanogate SE

Nanogate SE files for protective shield proceeding

(PresseBox) (Quierschied-Göttelborn, )
Germany, June 22, 2020. The negotiations between Nanogate SE and its Group financing banks on the financing concept for the compensation of COVID-19 pandemic-related liquidity needs have failed. Nanogate SE will therefore file for bankruptcy in self-administration (“protective shield proceeding”) with the relevant district court immediately due to its imminent insolvency, with the aim of restructuring the company as part of the ongoing restructuring process.

The negotiated financing concept essentially comprised a significant postponement of principal payments for existing bank loans. Because an agreement was not reached, an essential prerequisite for the long-term financing of the Group and securing
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.