Brief: Damartex Strengthens Its Financial Liquidity

Damartex SA

16/07/2020 17:54

July 16 (Reuters) - Damartex SA  ALDAR.PA :
    * STRENGTHENS ITS FINANCIAL LIQUIDITY
    * ENTERS INTO DISCUSSIONS WITH BANKING PARTNERS FOR RENEGOTIATION OF ITS
COVENANTS
AND IMPLEMENTATION OF NEW €80M STATE-GUARANTEED LOAN
    * HAS OBTAINED SUSPENSION OF ITS FINANCIAL COVENANTS FOR FY ENDED JUNE 30,
2020
AND REDUCTION IN ITS COVENANTS FOR FOLLOWING 2 FY


Further company coverage:  ALDAR.PA 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))