Brief: Orapi Announces Completion Of Financial Restructuring

Orapi SA

29/07/2020 14:26

July 29 (Reuters) - Orapi SA  ORPF.PA :
    * COMPLETION OF FINANCIAL RESTRUCTURATION OF ORAPI
    * FINANCING BY KARTESIA FOR MAXIMUM AMOUNT OF EUR 17 MILLION
IN
FORM OF SIMPLE UNLISTED BONDS, OF WHICH 1ST TRANCHE OF EUR 12
MILLION WAS SUBSCRIBED BY KARTESIA ON JULY 29, 2020
    * TAKEOVER BY KARTESIA OF ALL OF FRANCE'S BANK DEBT
(EXCLUDING
MORTGAGE DEBT OF € 0.6 MILLION) AND BONDS OF ORAPI GROUP (I.E.
TOTAL AMOUNT OF BANK AND BOND DEBT OF € 52 MILLION)

Source text for Eikon:  ID:nGNE1dt245 
Further company coverage:  ORPF.PA 

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