Brief: Itway Signs Deal With Mercatoria In Execution Of Recovery Plan

Itway SpA

30/12/2020 10:29

Dec 30 (Reuters) - Itway SpA  ITWY.MI :
    * SIGNS DEAL WITH MERCATORIA SPA IN EXECUTION OF A RECOVERY
PLAN
    * ITWAY AGREEMENT WITH MERCATORIA PROVIDES A REDUCTION OF
THE DEBT
TO 67%
    * DEAL ENVISIONS FURTHER REDUCTION OF DEBT TO 62% IN EVENT
OF
EARLY REPAYMENT AS AT DEC. 31, 2021

Source text for Eikon:  urn:newsml:reuters.com:*:nBIAc52Hk8
Further company coverage:  ITWY.MI 

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