Brief: Soltec Requests Extension Of Start Of Negotiations With Creditors Of Its Unit

Soltec Power Holdings SA

23/12/2024 10:56

Dec 23 (Reuters) - Soltec Power Holdings SA  SOLPW.MC :
    * REQUEST FOR EXTENSION OF START OF NEGOTIATIONS WITH THE CREDITORS OF SOLTEC ENERGÍAS
RENOVABLES
    * CONTINUES NEGOTIATIONS WITH ITS FINANCIAL CREDITORS UNDER CREDIT FACILITY AND GUARANTEE
LINE
WITH LIMITS OF €90 MILLION AND €110 MILLION, RESPECTIVELY
    * NEGOTIATIONS AIM TO REACH AGREEMENT TO RESOLVE SER’S CURRENT FINANCIAL SITUATION AND
ENABLE
PROPER EXECUTION OF  STRATEGIC PLANS
    * EFFECTS OF COMMUNICATION ON OPENING OF NEGOTIATIONS WITH ITS CREDITORS WILL EXPIRE ON DEC
26
    * BOARD HAS UNANIMOUSLY DECIDED TO REQUEST FROM THE COMMERCIAL COURT OF MURCIA AN EXTENSION
OF
SER’S COMMUNICATION OF THREE MONTHS, UNTIL 26 MARCH 2025

Source text:  ID:nCNMbv3DBz   urn:newsml:reuters.com:*:nFWN3L80WM
Further company coverage:  SOLPW.MC 

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