Brief: Trevi Finanziaria Industriale Approves Standstill Agreement With Lending Banks

Trevi Finanziaria Industriale SpA

14/07/2021 17:26

July 14 (Reuters) - Trevi Finanziaria Industriale SpA
 TFI.MI :
    * BOARD APPROVES SIGNING OF STANDSTILL AGREEMENT WITH
GROUP'S
LENDING BANKS
    * STANDSTILL AGREEMENT PROVIDES FOR SUSPENSION, UNTIL 31
DECEMBER
2021, OF CERTAIN OBLIGATIONS  UNDER ORIGINAL RESTRUCTURING
AGREEMENT
    * STANDSTILL AGREEMENT ALSO REGULATES NEW UTILIZATIONS
DURING THIS
PERIOD OF  EXISTING BONDING FACILITIES
    * STANDSTILL AGREEMENT  ALSO PROVIDES THAT UPDATED BUSINESS
PLAN
WILL BE SUBJECTED TO INDEPENDENT BUSINESS REVIEW BY AN ADVISOR

Source text for Eikon:  ID:nBIA5Q79cj 
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