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BigBen Interactive Seeks Revision to Terms of Exchangeable Bonds Due 2026

MT Newswires·12/05/2025 01:45:31
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01:45 AM EST, 12/05/2025 (MT Newswires) -- BigBen Interactive (BIG.PA) said Friday it began discussions with holders of its 87.3 million-euro senior conditionally secured bonds exchangeable into Nacon shares ahead of their Feb. 19, 2026, maturity. The video game accessories company has 57.4 million euros of notes still outstanding after securing a refinancing facility of 43 million euros in November. BigBen expects the repayment of the remaining 16 million euros to prematurely mobilize its cash resources, prompting it to seek revised terms with bondholders. The company plans to propose amendments to the terms and conditions of the bonds, including a potential extension of their maturity.