Brief: SpineGuard Exits Chapter 11

Spineguard SA

25/08/2021 15:08

Aug 25 (Reuters) - SPINEGUARD SA  ALSGD.PA :
    * EXITS CHAPTER 11
    * UNITED STATES BANKRUPTCY COURT FOR DISTRICT OF DELAWARE
ENTERED
AN ORDER CONFIRMING SPINEGUARD INC.'S EXIT FROM CHAPTER 11.
    * IS NO LONGER A DEBTOR-IN-POSSESSION IN A BANKRUPTCY CASE
    * PLAN OF REORGANIZATION PROPOSED BY SPINEGUARD, CALLING FOR
PAYMENT IN FULL OF ALL CREDITORS INCLUDING BOND HOLDERS, IS NOW
EFFECTIVE
    * STRIVING TO REMAIN CLOSE TO BREAKEVEN

Source text for Eikon:  ID:nBw5wTFRNa 
Further company coverage:  ALSGD.PA 

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