on BIGBEN INTERACTIVE (EPA:BIG)
Bigben Interactive is preparing the adjustment of Nacon 2026 bonds
Bigben Interactive has announced a meeting of holders of Nacon 2026 bonds exchangeable into shares, to be held on February 2, 2026. The purpose is to submit to a vote by the holders an amendment to the terms of the bonds. These amendments aim to extend the maturity date to August 19, 2032, and to adjust the unit exchange price to €0.85 until August 19, 2029, and then to €0.80 until maturity.
The proposed partial repayment amounts to €75,000 per bond and entails a gradual increase in the coupon. With a €43 million bank refinancing agreement, Bigben Interactive aims to manage its debt while pursuing its development objectives. A commitment to vote in favor, representing 51% of the remaining bonds, has already been secured.
R. P.
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