Sanitec extends standstill agreement

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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Sanitec extends standstill agreement

Sanitec, the Finnish maker of bathroom fittings, has extended its standstill agreement with lenders until April 30 this year. The original agreement was due to run out this Friday, February 27. Sanitec agreed the standstill with lenders in January and a credit event on the LevX was triggered.

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