Brief: SRHI Provides Update On MTV's Creditor Protection Process In Chile
21/08/2020 13:59
Aug 21 (Reuters) - SRHI Inc SRHI.TO :
* SRHI INC. PROVIDES UPDATE ON MTV’S CREDITOR PROTECTION
PROCESS
IN CHILE
* SRHI - OVER PAST 3 MONTHS, MTV, CO CONDUCTED CONSTRUCTIVE
NEGOTIATIONS WITH MTV'S SENIOR LENDERS VECCHIOLA S.A.
* SRHI INC - CO, LENDERS AND VECCHIOLA NEGOTIATED A
FRAMEWORK TO
SUPPORT MTV'S FUTURE OPERATIONS
* SRHI - EXPECTS JUDICIAL REORGANIZATION AGREEMENT
IMPLEMENTING
PROPOSED REORGANIZATION WILL BE VOTED ON BY MTV'S CREDITORS IN
LATE AUG. OR EARLY SEPT.
Source text for Eikon: ID:nGNX6rTXT
Further company coverage: SRHI.TO
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