Brief: Ferratum: Request To Amend Terms And Conditions Of Bonds

Multitude AG

24/09/2019 06:34

Sept 24 (Reuters) - Ferratum Oyj  FRU.DE :
    * ISSUED A NOTICE FOR A WRITTEN PROCEDURE ( "NOTICE"),
CONTAINING
A REQUEST TO AMEND TERMS AND CONDITIONS OF BONDS
    * FERRATUM - PROPOSAL CONTAINS A REQUEST TO INCREASE NET
DEBT TO
EQUITY MAINTENANCE TEST LEVEL FROM 3.0X TO 3.5X, THEREBY
ALIGNING TERMS OF ISSUER'S OUTSTANDING 2018/2022 BONDS AND
2019/2023 BONDS

Source text for Eikon:  ID:nEQ25BLgJa 
Further company coverage:  FRU.DE 

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