Bigben Interactive opens bondholder syndication for up to €20 million backstop in accelerated safeguard plan
Bitget2026/09/22 16:02- Bigben Interactive opened a backstop syndication for a €25 million rights issue, with up to €20 million guaranteed under its restructuring.
- Non-signatory bondholders of the FR0014001WC2 senior exchangeable bonds can join if they hold the bonds at 6 p.m. Paris time on Oct. 5, 2026.
- Subscriptions run for five business days from the record date, ending at 6 p.m. Paris time on Oct. 12, 2026.
- The backstop carries a 5% fee on the guaranteed portion, payable in securities, equal to €1 million at current terms.
- The plan targets €55 million to €60 million of new money, including a €35 million Bigben Connected disposal and the rights issue proceeds.
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