August 21, 2017 / 8:00 AM / 4 months ago

BRIEF-Sygnity announces results of negotiations on debt repayment

Aug 21 (Reuters) - SYGNITY SA:

* SAID ON FRIDAY THAT ITS BONDHOLDERS HOLDING 99 PCT OF BONDS SERIES 1/2014 AND BANKS DECIDED TO REFRAIN FROM ACTIONS RELATED TO THE EXECUTION OF THEIR RIGHTS UNTIL A FORMAL AGREEMENT WILL BE SIGNED BUT NOT LATER THAN OCT. 31, 2017

* PROSPECTIVE AGREEMENT IS TO CONSIDER LONG-TERM DEBT RESTRUCTURING PLAN Source text on Eikon:

Further company coverage: (Gdynia Newsroom)

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