Jacques de Chateauviex's Bourbon has been able to postpone its next interest payment on EUR 1.12bn ($1.38bn) in loans by 12 months through an agreement with bondholders.
The French owner received consent during a general meeting held today to delay the next installment of EUR 3.9m to 24 April 2019.
The bonds will bear interest from 24 October until that time in accordance with the bonds' applicable rate.
