Brief: Brioschi makes standstill request to lenders

Brioschi Sviluppo Immobiliare SpA

30/12/2016 10:34

Dec 30 (Reuters) - Brioschi Sviluppo Immobiliare SpA 
 BRUI.MI : 
    * Said on Thursday that it had asked the lending banks to 
suspend the obligations of payment due Dec. 31 of the debt 
restructuring agreement from April 18, 2014 
    * The request results from the sudden and unexpected 
interruption and/or postponement of some negotiations for the 
sale of real estate assets scheduled by the current year 
    * The aim of the request is to monitor and inform by Jan. 
31, 2017, about the progress of sale by the company of real 
estate assets  
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA29329 
     
 Further company coverage:  BRUI.MI   
    
 
 
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