Brief: Footway Presents Preliminary Reorganisation Plan To Creditors
03/11/2023 07:30
Nov 3 (Reuters) - Footway Group AB FOOTb.ST :
* SAID ON THURSDAY COMPANY PRESENTS A PRELIMINARY
REORGANISATION
PLAN TO ITS CREDITORS
* PLAN CONTAINS A PROPOSAL FOR A DEBT WRITE-DOWN OF
APPROXIMATELY
SEK 70 MILLION
* PLAN ALSO CONTAINS A NEW SHARE ISSUE OF THE CORRESPONDING
AMOUNT, INCLUDING THE CONVERSION OF A CONVERTIBLE LOAN OF SEK 20
MILLION
Source text for Eikon: urn:newsml:reuters.com:*:nWkr9Vdns
Further company coverage: FOOTb.ST
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