Jan 9 (Reuters) - Cinis Fertilizer AB CINIS.ST:
CINIS FERTILIZER IS IN A STRAINED FINANCIAL SITUATION AND IS CONSIDERING FORMAL INSOLVENCY PROCEEDING
CONDUCTING STRATEGIC FINANCIAL REVIEW
NEEDS LIQUIDITY INJECTION FOR CONTINUED OPERATIONS
EXAMINING RESTRUCTURING OF EQUITY AND FINANCING
CONSIDERING BUSINESS WIND DOWN OR ASSET DIVESTMENT
CONTACTS BONDHOLDERS FOR FINANCIAL DISCUSSIONS
MAY INITIATE FORMAL INSOLVENCY PROCEEDINGS
Source text: ID:nWkr5zs2jM
Further company coverage: CINIS.ST
(Gdansk Newsroom)
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