Article: Raiffeisen Capital & Investment - Investment Daily Romania - Oct 5, 2009.

In the news

Main creditor reluctant to negotiate Amonil's debtIn a release to the Bucharest Stock Exchange (BVB), fertilizers producer Amonil (AMO) announced that it received a negative answer from its main creditor Chemgaz Holding to its request to negotiate a postponement of the tender process for some of its assets (scheduled for October 6). AMO intends to obtain a delay of the tender until its next GSM where the shareholders are to vote a share capital increase. We remind that Chemgaz Holding, a holder of AMOs debt of around EUR 14 mn, has won the right to tender some of AMO's core assets to recover it.

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