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Seat Pg, from bondholders ok to debt restructuring

Green light to the agreement from the Lighthouse special committee, Permira Funds and Alfieri Associated Investors – The board of directors is meeting today to decide on the payment of the coupon which expired last month.

Seat Pg, from bondholders ok to debt restructuring

Good news for Seat Pg: bondholders have said yes to the plan debt restructuring. The decision was made yesterday by the Boards of Lighthouse, of Permira Funds need Alfieri Associated Investors.

”The Lighthouse Bondholders Committee and the Supporting Investors – reads the note – believe that this development represents a further step forward in the restructuring of Seat and they hope to be able to work constructively as soon as possible with the Company and with the other stakeholders interests in the Company in order to implement the consensual restructuring plan".

Seat's Board of Directors will meet today to decide on the payment of the expired coupon last month.

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