Edition:
United Kingdom

Bourbon Confirms Search For New Financial Partners


Friday, 2 Nov 2018 

Nov 2 (Reuters) - BOURBON CORPORATION SA ::CONFIRMS SEARCH FOR NEW FINANCIAL PARTNERS TO ENSURE DEVELOPMENT AND IMPLEMENTATION OF #BOURBONINMOTION STRATEGIC PLAN IS MOVING FORWARD.PARAMETERS OF THESE POTENTIAL NEW FINANCINGS, IN PARTICULAR THEIR AMOUNTS AND STRUCTURES (DEBT/EQUITY INSTRUMENTS) ARE NOT YET DETERMINED.HAS OBTAINED OPENING OF CONCILIATION PROCEDURES TO BENEFIT OF 22 BOURBON CORPORATION SUBSIDIARIES FROM PRESIDENT OF COMMERCIAL COURT OF MARSEILLES.PROCEDURES TO ALLOW BOURBON TO PURSUE SEARCH FOR SOLUTIONS FOR DEVELOPMENT AND DISCUSSIONS WITH MAIN CREDITORS AND FINANCIAL LESSORS.