Brief: Europejskie Centrum Odszkodowan Sees High Risk Of Violation Of Terms Of B Series Bonds Issue

Europejskie Centrum Odszkodowan SA

13/04/2022 07:54

April 13 (Reuters) - Europejskie Centrum Odszkodowan SA
 EUC.WA :
    * SAID ON TUESDAY, THE COMPANY HAS IDENTIFIED A HIGH RISK OF
VIOLATION OF TERMS OF B SERIES BONDS ISSUE
    * THE RISK IS RELATED TO THE CONSOLIDATED NET DEBT TO
CONSOLIDATED
EBITDA RATIO
    * ACCORDING TO COMPANY, THE RISK MAY BE CAUSED BY FINANCIAL
RESULTS OF THE UNIT CENTRUL EUROPEAN DE DESPAGUBIRI
    * THE RISK MAY ALSO BE CAUSED BY THE INTERNAL AUDIT
REGARDING
VALUE REDUCTION OF DEBT PORTFOLIO MANAGED BY THE UNIT

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM40g5LXa
 Further company coverage:  EUC.WA  

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