Brief: Bodegas Riojanas Formalises Debt Restructuring Agreement

Bodegas Riojanas SA

10/12/2024 13:25

Dec 10 (Reuters) - Bodegas Riojanas SA  BRIO.MC :
    * CONCLUDES PROCESS OF SIGNING BANK DEBT RESTRUCTURING PLAN
    * AMOUNT OF DEBT AFFECTED BY PLAN IS 26.54 MILLION EUROS
    * ADHERENCE TO PLAN HAS REACHED 99% OF BANKING POOL
    * OUTSTANDING LOANS AMOUNT RESCHEDULED WITH PROGRESSIVE
REDUCTION
OF CREDIT ACCOUNT LIMITS WITH MAX MATURITY IN 2028
    * 4.9 MILLION EUROS OF WORKING CAPITAL WILL BE LOANED
    * GRACE PERIOD OF ONE YEAR FROM DATE OF TRANSACTION EFFECT

Source text:  ID:nCNM5nTFX3 
Further company coverage:  BRIO.MC 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))