June 20, 2017 / 7:35 AM / a month ago

BRIEF-Neuron Bio announces advances in debt refinancing process

1 Min Read

June 20 (Reuters) - NEURON BIO SA:

* SAYS REACHES AGREEMENT WITH REPSOL ENERGY VENTURES TO POSTPONE REPAYMENT OF ITS 4.5 MILLION EURO DEBT FOR UP TO 10 YEARS

* SAYS AGREES WITH GRUPO SAN JOSE'S PROPOSAL TO REPLACE EXISTING COLLATERAL WITH 10 YEAR MORTGAGE-SECURED LOAN

* SAYS CONTINUES NEGOTIATIONS WITH OTHER CREDITORS, IN TALKS WITH POTENTIAL INVESTORS TO BOOST THE MOST PROFITABLE ACTIVITIES

Source text: bit.ly/2rLeSsQ

Further company coverage: (Gdynia Newsroom)

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