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Bigben Interactive seeks fast-track safeguard proceedings after creditors back debt restructuring plan

PUBT·08/04/2026 16:19:53
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Bigben Interactive seeks fast-track safeguard proceedings after creditors back debt restructuring plan
  • Bigben Interactive filed for an accelerated safeguard procedure to implement a financial debt restructuring backed by key creditors.
  • Support includes a bondholder ad hoc group covering about 67.6% of EUR 59.4 million senior exchangeable bonds, lenders covering about 80% of EUR 950,000 syndicated bank debt.
  • Plan centers on EUR 73.2 million debt-to-equity conversions, including EUR 26 million ORAR issuance, alongside a EUR 25 million rights issue with EUR 20 million guaranteed.
  • Structure also requires a reinvestment of part of the new money into Nacon, contingent on a Nacon court-approved recovery plan.
  • Proposed capital increases imply massive dilution, with issue prices set well below the current Bigben share price.


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: 202608041219OMX_____CNEWS_FR_GNW1001256038_fr) on August 04, 2026, and is solely responsible for the information contained therein.