Brief: Future Gaming Group International: Group Of Co's Bondholders Propose A Settlement

Fable Media AB

22/11/2019 16:00

Nov 22 (Reuters) - Future Gaming Group International AB
 FGG.TE :
    * GROUP OF CO'S BONDHOLDERS PROPOSE A SETTLEMENT
    * BONDHOLDERS' PROPOSAL IS TO CONVERT SEK 5 MILLION OF BOND
LOAN
INTO CO'S SHARES, WHILE REMAINING DEBT REMAINS
    * AFTER CONVERSION, BONDHOLDERS WOULD OWN ABOUT 60% OF CO'S
SHARES, WHILE CURRENT SHAREHOLDERS WOULD OWN ABOUT 40%

Source text for Eikon:  ID:nWkrTh1nY 
Further company coverage:  FGG.TE 

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