Big Lots(US:BIG) Globenewswire·2026-02-17 20:01Core Viewpoint - Bigben Interactive is facing challenges in executing the planned partial repayment of its bond loan due to a late refusal from its banking pool to respond to a drawdown notice, which has led the company to consider requesting a deferral from bondholders and exploring debt restructuring options under commercial court supervision [1][2][8]. Financial Information - The company issued a bond loan of €87.3 million on 12 February 2021, with an outstanding amount of €59.1 million remaining as of now [3]. - A refinancing agreement for the outstanding bonds was announced on 24 November 2025, totaling €43 million, leaving a non-refinanced residual balance of approximately €16.1 million [4]. - A general meeting of bondholders on 2 February 2026 approved amendments allowing for a partial repayment of €75,000 per bond, reducing the nominal amount from €100,000 to €28,000, with the maturity date for the non-refinanced balance postponed to 19 August 2032 [6]. Company Operations - Bigben is a European player in video game publishing and the design and distribution of mobile and gaming accessories, as well as audio-video products, aiming to become a leader in its markets [10]. - The company has over 1,300 employees and operates 36 subsidiaries with a distribution network in over 100 countries [11][12].