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BRIEF-Two banks terminate loan agreements with Admiral Boats
May 24, 2017 / 6:52 AM / 7 months ago

BRIEF-Two banks terminate loan agreements with Admiral Boats

May 24 (Reuters) - ADMIRAL BOATS SA:

* SAID ON TUESDAY THAT BANK OCHRONY SRODOWISKA SA (BOS) AND BGZ BNP PARIBAS TERMINATED LOAN AGREEMENTS WITH ADMIRAL BOATS AND DEMANDED THAT THE COMPANY PAYS BACK OUSTANDING LOAN AMOUNTS

* OWES 1.5 MILLION ZLOTYS TO BOS AND 11.2 MILLION ZLOTYS TO BGZ BNP PARIBAS

* FILED A MOTION FOR BANKRUPTCY IN GDANSK COURT IN APRIL

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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