DJ Clearway Capital thanks creditors for their support at the GZO-Creditors' Meeting
Lemongrass Communications AG / Key word(s): Legal Matter Clearway Capital thanks creditors for their support at the GZO-Creditors' Meeting 2025-09-09 / 08:52 CET/CEST =---------------------------------------------------------------------------------------------------------------------- Media Release Clearway Capital thanks creditors for their support at the GZO-Creditors' Meeting Zurich, September 9, 2025 - Clearway Capital thanks the 164 creditors who voted in favor of the groups proposals at the creditors' meeting on September 8. These creditors, who together represent estimated claims of approximately CHF 165 Mio., have sent a strong signal that alternative plans are needed to ensure the successful restructuring of GZO AG. Clearway is pleased to note that two of the individuals we proposed have now been elected to the creditors' committee. With this outcome, financial creditors will hold a majority on the newly formed committee, ensuring that the interests of those who provided capital to GZO are represented in the ongoing restructuring process. We further acknowledge the approximately 250 employees of GZO AG, who were present or represented at the meeting, for voicing their concerns. Clearway remains committed to working with all stakeholders to achieve a balanced and sustainable solution that is acceptable to all creditors, while ensuring that the interests of employees - who will not be entitled to vote in the composition agreement - are also safeguarded. About Clearway Capital: Clearway Capital Partners is an alternative investment fund that invests in special situations in Western European markets where seeks to unlock value through responsible ownership. With a focus on protecting investor rights and ensuring fair treatment of stakeholders, Clearway Capital actively advocates for transparent and equitable corporate practices. The firm is committed to maximizing value for investors while leaving a positive impact on society. Contact for Media: Lemongrass Communications AG susanne.muehlemann@lemongrass.agency +41 79 223 70 81 Contact for Investors: contact@gzo-bondholder.ch =---------------------------------------------------------------------------------------------------------------------- Additional features: File: Clearway_GZO_MM_09_09_25_E =---------------------------------------------------------------------------------------------------------------------- End of Media Release =----------------------------------------------------------------------------------------------------------------------
2194628 2025-09-09 CET/CEST
Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=2194628&application_name=news&site_id=dow_jones%7e%7e%7ebed8b539-0373-42bd-8d0e-f3efeec9bbed
(END) Dow Jones Newswires
September 09, 2025 02:52 ET (06:52 GMT)
© 2025 Dow Jones News