Royal Imtech N.V.
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Publicatie datum
11 nov 2013 - 07:16
Statutaire naam
Royal Imtech N.V.
Titel
Imtech: Covenant waiver extended, first testing date September 30th 2014
Bericht
As announced on November 7th 2013, Imtech is currently engaging in a constructive dialogue with its most important financiers regarding an amendment of its financing agreements, including a covenant reset. This covenant reset is required as a result of a slower than anticipated recovery of Imtech's business, in particular in Germany. As part of these discussions, Imtech's most important financiers have agreed to extend the covenant holiday. Under the related financing agreements the first covenant testing date was March 31st 2014. The newly agreed first testing date is September 30th 2014.
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