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MDF Duro Felguera SA News Story

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Brief: Duro Felguera Intends To Agree On Restructuring Plan Before July 31

July 3 (Reuters) - Duro Felguera SA MDF.MC:

SAID ON WEDNESDAY INTENDS TO AGREE ON RESTRUCTURING PLAN WITH ITS CREDITORS BEFORE JULY 31 IN ORDER TO AVOID INSOLVENCY PROCEEDINGS

COMPANY WILL REQUEST JUDICIAL APPROVAL IF RESTRUCTURING PLAN IS AGREED UPON

RESTRUCTURING PLAN COULD AFFECT CO'S FINANCIAL POSITION

PROGRESS HAS BEEN MADE IN NEGOTIATIONS AND ISSUES RELEVANT TO DEFINITION OF RESTRUCTURING PLAN AND ITS IMPACT ON CO'S ASSETS ARE IN PROCESS OF BEING RESOLVED

 Source text: nCNM63fGn5
 Further company coverage: MDF.MC

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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