Brief: Beghelli Says It May Not Meet Covenants If It Doesn't Execute On 2018 Revised Budget

Beghelli SpA

14/09/2018 09:12

Sept 14 (Reuters) - Beghelli SpA  BE.MI :
    * SAYS IF CO FAILS TO EXECUTE STEPS IN REVISED 2018 BUDGET, IT MAY NOT MEET ONE OR MORE
COVENANTS
IN SOME FINANCING AGREEMENTS
    * SAYS FAILING TO MEET COVENANTS COULD RAISE DOUBTS OVER CO'S ABILITY TO CONTINUE ITS
BUSINESS ON
ONGOING CONCERN BASIS

Source text for Eikon:  ID:nBIA64RbyV 
Further company coverage:  BE.MI 

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