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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Risanamento | BIT:RN | Italy | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.0006 | -2.17% | 0.027 | 0.0258 | 0.0274 | 0.0276 | 0.0258 | 0.0276 | 5,473,583 | 16:40:00 |
MILAN (MF-Dow Jones)--Risanamento SpA (RN.MI) has hammered out an agreement with its creditor banks that aims to save the Italian real estate developer from being declared bankrupt, people familiar with the matter said Wednesday.
The deal between Risanamento and the banks, which includes Italy's two biggest lenders UniCredit SpA (UCG.MI) and Intesa Sanpaolo SpA (ISP.MI), includes a capital increase of EUR150 million and a convertible loan worth EUR350 million, the people said.
The meeting between the various parties is taking place at a law firm in Milan.
Risanamento had the deadline for submission of its restructuring plan postponed to Sept. 9 by a Milan court, people familiar with the matter said Tuesday.
Company Web site: www.risanamentospa.it
-By Rosario Murgida, MF-Dow Jones, and Liam Moloney, Dow Jones Newswires; +39 06 6976 6924; liam.moloney@dowjones.com
1 Year Risanamento Chart |
1 Month Risanamento Chart |
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