Brief: Italian Sea Group Secures EUR 25 Mln Shareholder Loan After Budget Overruns Hit Cash Position
19/02/2026 06:13
Feb 19 (Reuters) - Italian Sea Group SpA TISGR.MI: SAID ON WEDNESDAY BOARD HAD AUTHORISED EUR 25 MLN SHAREHOLDER LOAN FROM MAJORITY OWNER GC HOLDING IDENTIFIED BUDGET OVERRUNS ON MOST ONGOING PROJECTS THAT IMPACTED ITS CASH POSITION LOAN TO BE DISBURSED BY GCH ON FEB 19 IN A SINGLE TRANCHE TO REPAY SHAREHOLDER LOAN IN ONE OR MORE INSTALMENTS BY 31 DECEMBER 2032 Further company coverage: TISGR.MI (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))