Picture of Auga AB logo

AUG1L — Auga AB News Story

0.000.00%
lt flag iconLast trade - 00:00
Consumer DefensivesSpeculativeMicro CapTurnaround

Brief: Agrowill Group AB to pay remaining debt of EUR 2.96 mln to creditors

April 7 (Reuters) - Agrowill Group AB  AVG1L.VL : 
    * Says fulfills its obligations of restructuring plan and 
provides final remaining payment to creditors - 85 pct of 
creditor's amount 
    * As provided in company's restructuring plan, the company 
will pay to creditors remaining debt of 2.96 million euros 
($3.23 million) on April 7-10 
    * After final settlement with creditors, in accordance with 
law, the company will apply to court for completion of process 
of restructuring 
    * Says remaining payments to the creditors of its subsidiary 
agricultural companies (ten companies) - 85 pct of creditors 
claims, i.e. 1.56 million euros will be carried out as it is 
foreseen in the restructuring plans of each company - till 
December  
 
Source text for Eikon:  ID:nEM0774226  
Further company coverage:  AVG1L.VL  
 
($1 = 0.9157 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))

Recent news on Auga AB

See all news