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ASCMA - Ascent Capital Inc News Story

$0.818 0.0  5.5%

Last Trade - 30/08/19

Sector
Industrials
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £378.8m
Position in Universe th / 6858

BRIEF-Monitronics International Announces Confirmation Of Plan Of Reorganization

Thu 8th August, 2019 1:54pm
Aug 8 (Reuters) - Monitronics International Inc  ASCPTM.UL :
    * MONITRONICS INTERNATIONAL ANNOUNCES CONFIRMATION OF PLAN
OF
REORGANIZATION
    * ASCENT CAPITAL GROUP INC - CONFIRMATION CLEARS PATH FOR
MONITRONICS TO EMERGE FROM CHAPTER 11 PROTECTION IN EARLY
SEPTEMBER
    * ASCENT CAPITAL GROUP INC - IN ACCORDANCE WITH CONFIRMED
PLAN,
MONITRONICS WILL ELIMINATE APPROXIMATELY $885 MILLION IN DEBT
    * ASCENT CAPITAL GROUP INC - UP TO APPROXIMATELY $685
MILLION OF
DEBT WILL BE CONVERTED TO EQUITY

Source text for Eikon:  ID:nGNX9FPdLC 
Further company coverage:  ASCPTM.UL 

 ((Reuters.Briefs@thomsonreuters.com;))
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