Brief: Lokaty Budowlane Signs Agreement With Bondholder

Lokaty Budowlane SA

05/04/2018 09:26

April 5 (Reuters) - LOKATY BUDOWLANE SA  LBD.WA :
    * SAID ON WEDNESDAY THE COMPANY RECEIVED STATEMENT FROM
BONDHOLDER
WHO PURCHASED ALL SERIES D AND E BONDS ISSUED BY COMPANY
    * BONDHOLDER WANTS TO USE OPTION OF CONVERTING ALL DEBT
RESULTING
FROM BONDS TO PREMISES OF 853 SQUARE METRES IN WARSAW 
    * THE COMPANY ALSO SINGED AGREEMENT WITH THE BONDHOLDER
POSTPONING
CONCLUSION OF PRELIMINARY PURCHASE CONTRACT FOR THE PREMISES
TILL APRIL 27

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM41q6Rwa
    
 Further company coverage:  LBD.WA  
   


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