Brief: Zastal Signs Debt Restructuring Deals

European Defence SA

08/02/2018 11:29

Feb 8 (Reuters) - ZASTAL SA   ZST.WA : 
    * SAID ON WEDNESDAY THAT IT SIGNED DEALS WITH ITS CREDITORS 
ON 
DEBT RESTRUCTURING   
    * AS RESULT THE COMPANY'S LIABILITIES HAVE DECREASED BY 67.9 
MLN 
ZLOTYS  
    * TWO CREDITORS ACQUIRED 48.5 MLN NEWLY ISSUED SERIES VI 
SHARES OF 
ZASTAL AT TOTAL ISSUE PRICE OF 48.5 MLN ZLOTYS, FOLLOWING WHICH 
COMPANY'S SHARE CAPITAL INCREASED TO 82.0 MLN ZLOTYS 
    * ZASTAL ALSO SIGNED DEAL ON TRANSFER OF PROPERTY RIGHTS TO 
60,000 
SERIES A SHARES OF LANDEX SP. Z O.O. OF 13.1 MLN ZLOTY ASSET 
VALUE AND ANOTHER DEAL ON TRANSFER OF PROPERTY RIGHTS TO 8,168 
SERIES A BONDS ISSUED BY BENTEN SP. Z O.O. OF 6.4 MLN ZLOTY 
ASSET VALUE 
 
 Source texts for Eikon:  urn:newsml:reuters.com:*:nEMbBKV8Na,  urn:newsml:reuters.com:*:nEM4wYxnna, 
 urn:newsml:reuters.com:*:nEM5vScHza 
     
 Further company coverage:  ZST.WA   
    
 
 
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