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Ymagis: extension of the standstill agreement until 26 November 2019
Press ReleaseParis (France) – 28 October 2019 at 8:00 am Ymagis: extension of the standstill agreement until 26 November 2019Ymagis Group (FR0011471291, MAGIS), the European specialist in digital technologies for the cinema industry, today announces the extension of the standstill agreement with its financial creditors until 26 November 2019 in order to renegotiate the payment terms of the Group's financing, including but not limited to its current EuroPP bondholders.This new...
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Press Release
Paris (France) – 28 October 2019 at 8:00 am
Ymagis: extension of the standstill agreement until 26 November 2019
Ymagis Group (FR0011471291, MAGIS) , the European specialist in digital technologies for the cinema industry, today announces the extension of the standstill agreement with its financial creditors until 26 November 2019 in order to renegotiate the payment terms of the Group's financing, including but not limited to its current EuroPP bondholders.
This new extension indicates the willingness of Ymagis and its financial creditors to secure appropriate solutions regarding their respective interests.
Next press release: 28 October 2019 (after stock market closing) – Third-quarter 2019 Revenue
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