RB 27/2020 Waivers related to bank covenants
31-12-2020

AmRest Holdings, SE (“AmRest” or the “Group”), in compliance with the provisions of article 227 of the restated text of the Securities Market Law, informs that it has obtained respectively from its financing banks and its bondholders (Schuldschein) waivers to the compliance with certain covenants related to the Group’s leverage and interest coverage ratios for the fourth quarter of 2020 and the first, second and third quarters of 2021. During said periods, those covenants shall be replaced by a commitment to maintain a minimum level of liquidity. 

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