Fashion group LPP says banking arrangements unaffected by Hindenburg report
27/03/2024 12:04
GDANSK, March 27 (Reuters) - Polish fashion group LPP's
LPPP.WA agreements with its banks are unaffected by this
month's Hindenburg Research report questioning the company's
sale of its Russian assets, LPP's finance chief told a
conference call for investors, analysts and media on Wednesday.
"At the moment the banks say that they are with us and no
covenants or other provisions have been broken," said LPP Chief
Financial Officer Przemyslaw Lutkiewicz.
(Reporting by Adrianna Ebert
Editing by David Goodman)
((Adrianna.Ebert@thomsonreuters.com; +48 58 769 65 88;))