Bankruptcy of the Pisec Group: What Investors Need to Know
The Pisec Group Austria GmbH and its associated Pisec Group Holding GmbH filed for bankruptcy at the Commercial Court in Vienna on April 17, 2025. This also affects the bonds issued by Pisec Group Austria GmbH with ISINs AT0000A3AHQ5, AT0000A3AHR3, and AT0000A3AHP7. This news is significant for investors and bondholders.
Market Abuse Regulation and Transparency
The announcement of the bankruptcy was published according to Article 17 of the Market Abuse Regulation (MAR) to ensure transparency regarding the financial situation of the companies. The bankruptcy poses an increased risk to investors concerning the repayment and interest of the affected bonds.
Important Details about the Bankruptcy
- The bankruptcy of the Pisec Group and its holding was filed on April 17, 2025.
- Several bonds with ISINs AT0000A3AHQ5, AT0000A3AHR3, and AT0000A3AHP7 are affected.
- This development has direct implications for investors and creditors of these securities.
- The filing was made at the Commercial Court in Vienna.
Investors are now urged to quickly evaluate their positions and seek legal or financial advice, if necessary, to protect their investments.