Brief: Santa Fe Group Says Cessation Of Talks For Long-Term Financing With Proventus

Det Oestasiatiske Kompagni A/S

05/09/2019 22:25

Sept 5 (Reuters) - Santa Fe Group A/S  SFGR.CO :
    * REG-CESSATION OF TALKS FOR LONG-TERM FINANCING WITH
PROVENTUS
CAPITAL PARTNERS - COMPANY ANNOUNCEMENT NO 15/2019
    * ACTIVELY SEEKING OTHER FUNDING TO SUPPORT FINANCING
REQUIREMENTS
    * REMAINS COMMITTED TO DELIVERING ON ITS RESTRUCTURING PLAN
    * UNTIL A NEW FINANCE AGREEMENT HAS BEEN FOUND, MATERIAL
UNCERTAINTY PREVAILS FOR GROUP
    * EXISTING FINANCE AGREEMENT WITH PROVENTUS HAS A MATURITY
DATE OF
1 APRIL 2020

Source text for Eikon:  ID:nGNE8sPpv4 
Further company coverage:  SFGR.CO 

 ((Reuters.Briefs@thomsonreuters.com;))