Brief: Avangardco & UkrLandFarming Agree UAH 4.4 Bln Debt Restructuring With Oschadbank

Avangardco Investments Public

06/02/2019 17:00

Feb 6 (Reuters) - AvangardCo Investments Public Ltd
 AVGRq.L :
    * DEBT RESTRUCTURING AGREEMENT WITH OSCHADBANK
    * CO & UKRLANDFARMING HAVE AGREED TO RESTRUCTURE UAH 4.4
BILLION
OF DEBT WITH OSCHADBANK, UKRAINE'S STATE SAVINGS BANK
    * DEBT RESTRUCTURING AGREEMENT WAS SIGNED ON 4 FEBRUARY 2019
FOLLOWING NEGOTIATIONS OVER PAST YEAR.
    * CO, UKRLANDFARMING CONTINUE TO BE ENGAGED IN TALKS WITH
VARIOUS
CREDITOR GROUPS ON TERMS OF HOLISTIC RESTRUCTURING OF THEIR
INDEBTEDNESS

Source text for Eikon:  ID:nRSF3014Pa 
Further company coverage:  AVGRq.L 

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