Vistal Gdynia Motions For Grace Period In Arrangement Payments

T-Reuters
30 Jun 2022

Vistal Gdynia SA :Said On Wednesday It Has Motioned For Change To Terms Of Rehabilitation Arrangement.Company Asks For 9-Month Grace Period For Payment Of Quarterly Instalments From Q2 Till Q4.Payment Would Be Resumed From Q1 2023, Extending Execution Of Arrangement By Three Quarters.Move Is Due To Drop In Income Resulting From Higher Material And Production Prices Caused By Geopolitical Instability In Region.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10