Bigben Interactive seeks accelerated safeguard after creditors back debt restructuring plan
Reuters2026/08/05 10:59Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Bigben Interactive filed for accelerated safeguard proceedings in France to execute a financial debt restructuring backed by key creditors.
- Support includes an ad hoc group holding 67.6% of senior bonds exchangeable into Nacon shares, covering about EUR 59.4 million.
- Plan targets EUR 73.2 million of debt conversions, including EUR 47.2 million into equity, alongside EUR 25 million new-money rights issue.
- Transaction structure implies massive shareholder dilution, with issue prices set well below the current market price.
- Proceedings would cover only financial debt, leaving suppliers and employees unaffected if the court opens the process.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bigben Interactive SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608050656OMX_____CNEWS_EN_GNW1001256179_en) on August 05, 2026, and is solely responsible for the information contained therein.
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