Brief: Recreate Says Financial Creditors With Short-Term Liabilities Supportive Of Restructuring Efforts
Dec 22 (Reuters) - Recreate ASA RCR.OL :
* COMPANY UPDATE ON RECREATE ASA
* FINANCIAL CREDITORS WITH SHORT-TERM LIABILITIES ARE
SUPPORTIVE
OF RESTRUCTURING EFFORTS UNDERTAKEN
* ALL BUT ONE FINANCIAL CREDITOR HAVE CONFIRMED THEIR
ACCEPTANCE
TO SUSPEND PAYMENT OF AMORTIZATION AND TO EXTEND LOAN MATURITIES
TO MID OCTOBER 2023
* IS ALSO EXPLORING OPPORTUNITIES TO SELL CERTAIN PROPERTIES
Source text for Eikon: ID:nObitGyj9a
Further company coverage: RCR.OL
(Gdansk Newsroom)
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