August 1, 2018 / 5:54 AM / in 3 months

BRIEF-OVS: Charles Voegele Austria Files For Restructuring With Partial Reimbursment Of Credits

Aug 1 (Reuters) - OVS SpA:

* SAID ON TUESDAY CHARLES VOEGELE AUSTRIA HAD FILED REQUEST OF INSOLVENCY PROCEEDING FOR RESTRUCTURING WITHOUT “SELF-ADMINISTRATOR”

* CHARLES VOEGELE AUSTRIA IS FULLY OWNED BY SEMPIONE FASHION

* IF INSOLVENCY PROCEEDING IS ACCEPTED, OVS WILL BE ELIGIBLE FOR PARTIAL REIMBURSEMENT OF CREDITS

* IF APPLICATION IS NOT ACCEPTED, IT WILL NOT HAVE FURTHER SIGNIFICANT NEGATIVE IMPACT ON OVS

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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