Brief: Vistal Gdynia Signs Restructuring Agreement With Banks

Vistal Gdynia SA w Upadlosci

08/07/2019 15:27

July 8 (Reuters) - VISTAL GDYNIA W RESTRUKTURYZACJI
 VTL.WA :
    * SAID ON SATURDAY THAT IT HAS SIGNED A RESTRUCTURING
AGREEMENT
WITH MANAGER OF REHABILITATION ESTATE, BNP PARIBAS BANK POLSKA,
CREDIT AGRICOLE BANK POLSKA AND ING BANK SLASKI SPECIFYING THE
CONDITIONS ON WHICH THE BANKS WILL PARTICIPATE IN THE COMPANY'S
CREDITORS' MEETING 
    * UNDER THE AGREEMENT THE BANKS AGREED TO EXPRESS CONSENT TO
THE
ASSIGNMENT OF SECURED DEBTS DURING THE CREDITORS' MEETING
    * UNDER THE AGREEMENT THE BANKS ARE TO VOTE IN FAVOUR OF THE
ARRANGEMENT WITH COMPANY'S CREDITORS

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM3QXRyRa
    
 Further company coverage:  VTL.WA  
   


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