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Seat Pg, postponement of deadlines for debt agreement

The company's board has established that the date by which creditors must accept the debt restructuring proposal to be awarded a higher fee is March 2 - Final deadline extended from February 28 to March 7.

Seat Pg, postponement of deadlines for debt agreement

Seat Pagine Gialle's creditors will have more time than expected to accept the debt restructuring proposal. This was established by the company's Board of Directors. The deadline to meet in order to be recognized a higher commission (early bird consent fee) was like this moved from February 21st to March 2nd 2012, while the final deadline was extended from 28 February to 7 March.

He communicates this to the company in a note, where he recalls that to date the group has received positive feedback on the restructuring proposal from "a significant part of its stakeholder groups" and full support from the shareholders Permira and Alfieri Associates Investors.

Yet another collapse this morning for Seat shares in Piazza Affari, in the red by 5%, a 0,0418 euro. 

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