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RCR — Recreate ASA News Story

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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)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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