Independent journal on economy and transport policy
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Premuda confirmation that the negotiations with banks for the restructure of the indebtedness are in advanced phase
Up to the present - the company emphasizes - some indication of intentions by the creditors does not exist to interrupt them
January 22, 2016
Premuda has communicated that the negotiations in course with banks for the restructure of the indebtedness of the group continue and are in advanced phase. The Italian shipowning society has remembered to have informed last July the market with respect to stipulates of agreements of standstill with banks creditors of the group, in force of which such banks formalized own intention not to act for the payment than they had in relation to various contracts of financing and to continue in good faith in the negotiations times to conclude or more agreements than restructure of the debit with Premuda and the controlled societies from the same one, with the objective to stipulate the definitive agreements within the month of October 2015 ( on 22 July 2015). The company has specified that the negotiations have prolongedded beyond the how many auspicious and fixed terms in the agreements of standstill they turn out to end 2015 formally which expired. Premuda has emphasized that however "the negotiations are in advanced phase and continue in the same in fact existing situation under the vigenza of the agreements of standstill" and that "up to the present does not exist some indication of intentions by the creditors to interrupt the negotiations or to place in being actions that can put in danger the operating continuity of the group".
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