Core Viewpoint - Bigben Interactive has requested a temporary suspension of trading in its shares and bonds due to financial difficulties stemming from a refusal by its banking pool to respond to a drawdown notice related to the refinancing of its exchangeable bonds [1][2][3][4]. Group 1: Financial Situation - The company was unable to proceed with a partial repayment of outstanding bonds amounting to EUR 43 million, which was originally scheduled for 19 February 2026 [2]. - In response to its financial difficulties, the company has initiated discussions with its main creditors and financial partners to ensure business continuity and restructure its debt [3]. - The company is considering procedures for debt restructuring under the supervision of the Commercial Court [3]. Group 2: Trading Suspension - Trading in Bigben Interactive's shares on Euronext Paris and its bonds on Euronext Access Paris has been suspended as of market opening on 20 February 2026 [1][4]. - The liquidity contract on Bigben Interactive's shares has also been suspended [4]. Group 3: Company Overview - Bigben Interactive is a European player in video game publishing, mobile and gaming accessories, and audio-video products, with a revenue of €288 million for the fiscal year 2024-25 [5]. - The company employs more than 1,300 individuals and is listed on Euronext Paris, Compartment B [6].
PRESS RELEASE: BIGBEN announces the temporary suspension of trading in its shares on Euronext Paris and its bonds on Euronext Access Paris
Globenewswire·2026-02-20 06:30