June 29, 2018 / 9:22 AM / 3 months ago

Steinhoff gets debt standstill approval, finalises terms for restructuring plan

JOHANNESBURG, June 29 (Reuters) - Troubled retailer Steinhoff said on Friday it had reached agreement on commercial terms for its restructuring plan with creditors and also got approval for a further debt standstill.

The support period will be extended to July 20 from June 30.

Reporting by Nqobile Dludla; editing by Jason Neely

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