Brief: Kinepolis Covenant Holiday Extended Until 31 December 2022

Kinepolis NV

14/03/2022 16:52

March 14 (Reuters) - Kinepolis Group NV  KIPO.BR :
    * KINEPOLIS COVENANT HOLIDAY EXTENDED UNTIL 31 DECEMBER 2022
    * CONDITIONS REGARDING MAXIMUM DEBT RATIO IN RELATION TO
EBITDAL
WILL REMAIN SUSPENDED UNTIL END OF 2022
    * KINEPOLIS REACHED AN AGREEMENT WITH ITS FINANCIAL
INSTITUTIONS
AT BEGINNING OF 2021 TO EXEMPT ITS BANK DEBT FROM COVENANTS (A
SO-CALLED COVENANT HOLIDAY) UNTIL 30 JUNE 2022

Source text for Eikon:  ID:nGNE1w64z3 
Further company coverage:  KIPO.BR 

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