Brief: Clear Leisure says exchanged letters with creditor agreeing to settlement of EUR 4.3 mln debt

Quantum Blockchain Technologies

21/09/2017 07:08

Sept 21 (Reuters) - CLEAR LEISURE PLC  CLPC.L : 
    * AGREEMENTS FOR EUR 4.3 MILLION OF MEDIAPOLIS DEBT POSITION 
AND EUR 500,000 SECURED LOAN 
    * EXCHANGED LETTERS WITH CREDITOR AGREEING TO SETTLEMENT OF 
A EUR 4.3 MILLION DEBT OWING BY MEDIAPOLIS SPA, AT DISCOUNT OF 
88.3 PERCENT OF FACE VALUE 
    * SAYS CO IS FINANCING ACQUISITION OF DEBT WITH A EUR 
500,000 SECURED LOAN FROM A UK PRIVATE COMPANY 
 
Source text for Eikon:  ID:nPRrL9647a  
Further company coverage:  CLPC.L  
 
 (Bangalore.newsroom@thomsonreuters.com)