Marley Spoon Group Secures Extension, Increase for Loan to German Unit Under Restructuring

01:05 AM EST, 12/15/2025 (MT Newswires) -- Marley Spoon Group (MS1.F) secured an extension and an increase to a loan provided to its German unit, Marley Spoon SE, under finalized terms for the restructuring of the subsidiary. Lenders Runway Growth Finance Corp. and Runway Growth Finance agreed to extend until Dec. 31, 2030. The loan, which was increased by 35.1 million euros to 103.1 million euros. The lenders also agreed to receive payment in the form of shares in the company for a portion or the entirety of the loan, provided that its ownership in the subscription-based meal kit provider will not exceed 80% upon conversion. To make it easier for the lenders to access shares in the German unit, the group committed to establishing two holding companies, one of which will hold the group's shares in the German businesses. Furthermore, the group is proposing a simplified capital reduction of 53.9 million euros to 19.6 million euros to offset expected losses from the transaction.