sur BIGBEN INTERACTIVE (EPA:BIG)
Bigben Interactive is entering into discussions regarding its maturing bonds
Bigben Interactive has announced the opening of discussions with the holders of its senior bonds exchangeable into Nacon shares, which mature on February 19, 2026. The outstanding amount of these bonds is €57.4 million, with a planned repayment of 103%.
To mitigate the financial impact, Bigben had previously secured partial refinancing of €43 million. The remaining unfinanced balance is approximately €16 million. Full repayment could jeopardize cash flow and affect the company's growth prospects. Therefore, Bigben is proposing to renegotiate the terms of the bonds, potentially including an extension of their maturity.
Bondholders may be summoned to discuss the proposed changes.
R. P.
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