Brief: Frigoglass key shareholders and lending banks agree in capital restructuring

Frigoglass SAIC

23/02/2017 14:11

Feb 23 (Reuters) - Frigoglass SA  FRIR.AT : 
    * Reached an agreement with its key stakeholders on the 
restructuring of the group's capital structure 
    * Says the  restructuring will result in the reduction of 
indebtedness and interest expense, extensions of maturities 
together with the provision of new financing 
    * Says it expects to enter into a final term sheet shortly 
    * Says its core lending banks have also accepted the 
agreement 
 
     
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