BRIEF — Urbas Reports Sufficient Adhesions To Restructuring Proposal
Sept 24 (Reuters) — Urbas Grupo Financiero SA: Said On Wednesday, It Reports Sufficient Adhesions To Restructuring Proposal Proposal Provides Full Loan Payments Ordinary Credits May Be Paid Early: 10% After Year One, 15% After Year Two, 75% After Year Three Adhesions Represent Liabilities Of €54.7 Million Vs Opposing Creditors €24.6 Million Adhered Liabilities Equal 61.19% Of Ordinary Liabilities; Opposing Liabilities 27.48% Requests Judicial Approval Of Accepted Agreement Source text Further company coverage: UBS.MC (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;)