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Screen Service Broadcasting Technologies SpA signs agreement with creditors for the restructuring of its debt


Monday, 10 Mar 2014 11:06am EDT 

Screen Service Broadcasting Technologies SpA:Announces the signing of an agreement with its creditors for the restructuring of its debt.The agreement was formalized between Screen Service, BNL, Unicredit, Intesa Sanpaolo, BPM, UBI Banco di Brescia, Banco Popolare, MPS and Creval.Agreement provides the rebalancing of the overall debt exposure of these banks, the rescheduling of outstanding debts and the payment of 4 million euros of new financing.Has signed an agreement with Banca Sai for the repayment of installments of its 480,000 euros debt as well with some third-party suppliers, representing a total debt exposure of about 4 million euros, according to the excerpts which have been agreed for an amount of 738,000 euros. 

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