Brief: Bialetti Expects To File Debt Restructuring Agreements In Coming Days

Bialetti Industrie SpA

28/02/2019 07:56

Feb 28 (Reuters) - Bialetti Industrie SpA  BIA.MI :
    * SAID ON WEDNESDAY IT HAD SIGNED DEBT RESTRUCTURING
AGREEMENTS
    * FRAMEWORK AGREEMENT SUPPORTING DEBT RESTRUCTURING
ENVISAGES
SUBSCRIPTION BY SCULPTOR AND RISTRETTO OF TWO INTERIM
NON-COVERTIBLE BONDS FOR TOTAL OF EUR 27 MLN
    * SCULPTOR AND RISTRETTO ARE TWO INVESTMENT VEHICLES OF
OCH-ZIFF
CAPITAL INVESTMENTS
    * RISTRETTO TO SUBSCRIBE TO NON-CONVERTIBLE BOND FOR TOTAL
EUR 35
MLN AFTER THAT DEBT RESTRUCTURING AGREEMENTS ARE APPROVED IN
COURT IF THERE IS EARLY REDEMPTION OF INTERIM BONDS
    * FRAMEWORK AGREEMENT PROVIDES FOR CAPITAL INCREASE OF EUR
6.5 MLN
    * BOARD APPROVES ISSUE OF NON-CONVERTIBLE INTERIM BOND FOR
EUR 10
MLN
    * EXPECTS TO FILE DEBT RESTRUCTURING AGREEMENTS IN COURT OF
BRESCIA FOR APPROVAL IN COMING DAYS

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA5959Pw
    
 Further company coverage:  BIA.MI  
   


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