Il title of Seat Pagine Gialle continues its ascent: after the 24% increase recorded yesterday, it currently stands at a value per share of €0,041, with an increase of + 15,82%.
The trend of these hours on the price lists is linked to the evolution of debt restructuring process: expires todaylock-up agreement between senior creditors, who had undertaken not to trigger the bankruptcy of the publishing company to give the parties time to find a solution.
During the day, the Board of Directors will meet again to determine the final proposal to be submitted to creditors, bondholders and shareholders for the rescue of Seat, now at risk of bankruptcy.
The rearrangement it will involve, in addition to the rescheduling of the bank debt, the conversion into Seat shares of a large part of the 1,3 billion Lighthouse bond and the issue of a senior bond of 70-100 million, again in favor of Lighthouse bondholders.
The title of the publishing company at 12.30 was suspended due to excess and shows a theoretical gain of about 15,82%.
