November 02, 2018 6:00 PM

In the framework of its search process for new financing, BOURBON confirms that its search for new financial partners in order to ensure its development and the implementation of #BOURBONINMOTION strategic plan is moving forward diligently. The parameters of these potential new financings, in particular their amounts and structures (debt/equity instruments) are not yet determined.

In this context, and in the absence of confirmation of the general waiver renewal to date, BOURBON has obtained the opening of conciliation procedures to the benefit of 22 BOURBON Corporation subsidiaries from the president of the commercial court of Marseilles. These conciliation procedures will allow BOURBON to actively pursue, in an amicable framework, its search for all solutions for its development as well as its discussions with the main creditors and financial lessors of the group.