Brief: Borlease Otomotiv Sats Foresees That Certain Coupon And Principal Payments Related To Trfborl72617-Coded Bond Will Not Be Made On Scheduled Due Dates
BRIEF-Borlease Otomotiv Sats Foresees That Certain Coupon And Principal Payments Related To Trfborl72617-Coded Bond Will Not Be Made On Scheduled Due Dates July 9 (Reuters) - Borlease Otomotiv AS BORLS.IS:
BORLEASE OTOMOTIV - FORESEES THAT CERTAIN COUPON AND PRINCIPAL PAYMENTS RELATED TO TRFBORL72617-CODED BOND WILL NOT BE MADE ON SCHEDULED DUE DATES
BORLEASE OTOMOTIV - AFFECTED PAYMENTS IS SECOND AND THIRD COUPON PAYMENTS, PREVIOUSLY POSTPONED BY A BONDHOLDERS' MEETING, WITH A MATURITY DATE OF JULY 20, 2026
BORLEASE OTOMOTIV - AFFECTED PAYMENTS IS FOURTH COUPON PAYMENT DUE ON JULY 14, 2026
BORLEASE OTOMOTIV - AFFECTED PAYMENTS IS PRINCIPAL REPAYMENT DUE ON JULY 14, 2026
BORLEASE OTOMOTIV - OBLIGATIONS COULD NOT BE FULFILLED ON THE RELEVANT MATURITIES UNDER EXISTING FINANCIAL CONDITIONS
BORLEASE OTOMOTIV - PLANS TO MAKE DELAYED COUPON INTEREST, ACCRUED INTEREST AND PRINCIPAL PAYMENTS AFTER COMPLETION OF FINANCIAL RESTRUCTURING PROCESS
Source text: ID:nIKA5zfB5b
Further company coverage: BORLS.IS
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