Brief: Regnon informs on negotiations with bank and investors
04/08/2016 09:31
Aug 4 (Reuters) - Regnon SA REGP.WA :
* Said on Wednesday that it decided to disclose a delayed
confidential information concerning negotiations between the
company and BNP Paribas Bank Polska SA BGZ.WA on restructuring
the loan granted under the agreement from May 18, 2007
* The loan was terminated on Oct. 4 2013
* The parties agreed on the possibility of a full settlement
of the loan
* Under the agreement, the company will pay at least 18.5
million zlotys and the bank will not undertake enforcement
proceedings
* Said decided to disclose a delayed confidential
information concerning negotiations between the company and
foreign investor with participation of BNP Paribas Bank Polska
on capital commitment and cooperation under the company's
rehabilitation proceedings
* The information has been disclosed as the bank requested
the enforcement proceedings against the company under the title
for company's important asset: a property in Dabrowa Gornicza
* Said that if the agreement between the company, the bank
and the investor is not reached, the company will consider
application for rehabilitation proceedings or liquidation
Source text for Eikon: urn:newsml:reuters.com:*:nEM0353877, urn:newsml:reuters.com:*:nEM0353879
Further company coverage: REGP.WA
(Gdynia Newsroom)
((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))