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CINIS Cinis Fertilizer AB News Story

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Brief: Cinis Fertilizer Is Considering Formal Insolvency Proceeding

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)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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