Optima submits pre-bankruptcy documents

3 Apr 2013

Croatian alternative fixed line network operator Optima Telekom submitted necessary documents for declaring pre-bankruptcy on 28 March 2013, it said in a statement to the Zagreb Stock Exchange. On 12 February SeeNews reported that Optima had revealed that its business bank account had been blocked and that it had submitted a motion for the commencement of a pre-bankruptcy settlement procedure; Optima also notified its bondholders in a stock market filing that it had failed to secure additional funds for payment of due interest incurred on a seven-year corporate bond issued in 2007.

Croatia, Optima Telekom (incl. H1 Telekom)