[ET Net News Agency, 23 June 2015] Winsway Enterprises (01733) said no agreement has
been reached with any potential investors and discussions with certain investors have now
ceased in respect of a possible equity investment in Winsway to support the proposed debt
restructuring.
While some potential investors are still assessing the opportunity, there is no
assurance that the discussions with potential investors will lead to any agreement.
Winsway is still in discussions with the bond holder Group to also explore
recapitalisation and other potential options that might form the basis of a debt
restructuring.
Besides, Winsway is further extending the deadline for acceptance of its standstill
agreement with bond holders over the payment of outstanding interest to 20 July 2015. (HL)
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01733 E-COMMODITIES
Nominal 
1.380 -0.020 (-1.429%) Others
23/06/2015 09:47
Winsway (1733) fails to reach deals with potential investors
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