Brief: Zinzino Says Providing DIP Financing To Zurvita; Makes An Offer To Acquire Assets Via Stalking Horse Bid

Zinzino AB

21/12/2024 19:02

Dec 21 (Reuters) - Zinzino AB  ZZb.ST :
    * ZINZINO AB - PROVIDING A DEBTOR-IN-POSSESSION (DIP)
FINANCING TO
ZURVITA, WHICH FILED FOR CHAPTER 11 BANKRUPTCY PROCEEDINGS ON
20TH DECEMBER 2024
    * ZINZINO  - ZINZINO SIMULTANEOUSLY MAKES AN OFFER TO
ACQUIRE
COMPANY'S ASSETS VIA A SO-CALLED STALKING HORSE BID
    * ZINZINO AB - ENTERING AS A FINANCIER IN ZURVITA'S CHAPTER
11
WITH LOANS TOTALING USD 4.5 MILLION

Source text:  ID:nWkr2xQdXd 
Further company coverage:  ZZb.ST 

 ((Reuters.Briefs@thomsonreuters.com;;))