Brief: Orsero To Pay EUR 8 Mln Guarantee On Loan Granted To Argentina Srl
30/01/2018 10:37
Jan 30 (Reuters) - ORSERO SPA ORSO.MI :
* SAID ON MONDAY THAT INTESA SANPAOLO ASKED ORSERO TO PAY A
GUARANTEE OF EUR 8 MLN IN FULL ON A LOAN DUE 2017-END THAT WAS
GRANTED TO ARGENTINA SRL
* ORSERO WILL PAY THE GUARANTEE WITH ITS OWN RESOURCES
* SAYS THAT THE PAYMENT WILL NOT HAVE AN IMPACT ON ITS
OPERATING
ACTIVITIES NOR ON ITS INVESTMENT PLANS
* ARGENTINA SRL IS A CO OUTSIDE OF ORSERO'S CONSOLIDATION
PERIMETER WHICH WAS SET UP BY FIF HOLDING SHAREHOLDERS IN
RELATION TO THE BUSINESS COMBINATION WITH GLENALTA FOOD
Source text for Eikon: urn:newsml:reuters.com:*:nBIA1FrcrR
Further company coverage: ORSO.MI
(Gdynia Newsroom)
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