MILAN, Feb 21 (Reuters) - Struggling Italian clothing company Stefanel will ask a court for more time to submit a debt restructuring agreement with its creditors, two sources close to the situation said on Tuesday.
In November, the court in Treviso, northern Italy, granted Stefanel until March 6 to file the documents.
“There is an agreement, but some details still need to be ironed out, both with creditor banks and potential new investors,” one of the sources said.
Loss-making Stefanel is in talks with Oxy Capital and Attestor Capital over a deal that would hand the private equity funds majority ownership of the group. (Reporting by Claudia Cristoferi, writing by Agnieszka Flak, editing by Isla Binnie)