Hungary’s BTel Misses Bond Payment Deadline
- 3 Mar 2015 8:00 AM
Information on the payment will be given after the AGM, to be held on March 20.
The AGM will decide on a possible Ft 700 million capital injection from a new investor, who is reportedly ready to lend an additional Ft 800 million.
BTel announced on December 30 that Skillinvest, a company owned by Timur Rahimkulov, was going to make a capital increase of Ft 950 million. However, Rahimkulov cancelled the deal.
Source: Hungary Around the Clock
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