Brief: Marfin Investment Group Holdings SA BoD Approves New Debt Restructuring Agreement

MIG Holdings SA

03/12/2019 08:07

Dec 3 (Reuters) - Marfin Investment Group Holdings SA
 MRFr.AT :
    * ANNOUNCED ON FRIDAY THAT BOD APPROVES NEW DEBT
RESTRUCTURING
AGREEMENT BETWEEN THE COMPANY AND PIRAEUS BANK
    * AGREEMENT EXTENDS REPAYMENT PERIOD OF COMMON BOND LOAN OF
EUR
150.0 MILLION, WITH A CURRENT BALANCE OF EUR 142.5MLN, AND
COMMON BOND LOAN OF EUR 115.0 MILLION, WITH A CURRENT BALANCE OF
EUR 86.3 MILLION, UNTIL JUNE, 30, 2020.
    * 9 MONTHS 2019 SALES AT EUR 827.7 MILLION, YP 7% YOY
    * 9 MONTHS 2019 EBITDA AT EUR 123.7 MILLION, YP 17% YOY

Source text : https://bit.ly/2LfceDe
Further company coverage:  MRFr.AT 

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