Brief: Biocartis's Secured Creditors Enforced Their Security Over Subsidiaries Shares
31/10/2023 15:02
Oct 31 (Reuters) - Biocartis Group NV BCART.BR :
* ANNOUNCEMENT REGARDING ENFORCEMENT BY SECURED CREDITORS
* ENFORCEMENT NOT EXPECTED TO IMPACT BIOCARTIS'S CUSTOMERS,
SUPPLIERS, PARTNERS OR EMPLOYEES
* COMPANY'S SECURED CREDITORS HAVE ENFORCED THEIR SECURITY
OVER
SHARES OF BIOCARTIS OPERATING SUBSIDIARIES
* INTERESTS AND CLAIMS OF EUR 16 MILLION UNSECURED 4.00%
CONVERTIBLE BONDS DUE 2027 HAVE BEEN AUTOMATICALLY WRITTEN DOWN
TO ZERO PURSUANT TO THEIR TERMS AS PART OF ENFORCEMENT
Source text for Eikon: InGNEbBRZCQ
Further company coverage: BCART.BR
(Gdansk Newsroom)
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