April 5, 2018 / 8:29 AM / 17 days ago

BRIEF-Lokaty Budowlane Signs Agreement With Bondholder

April 5 (Reuters) - LOKATY BUDOWLANE SA:

* SAID ON WEDNESDAY THE COMPANY RECEIVED STATEMENT FROM BONDHOLDER WHO PURCHASED ALL SERIES D AND E BONDS ISSUED BY COMPANY

* BONDHOLDER WANTS TO USE OPTION OF CONVERTING ALL DEBT RESULTING FROM BONDS TO PREMISES OF 853 SQUARE METRES IN WARSAW

* THE COMPANY ALSO SINGED AGREEMENT WITH THE BONDHOLDER POSTPONING CONCLUSION OF PRELIMINARY PURCHASE CONTRACT FOR THE PREMISES TILL APRIL 27

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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