Easy Debt Service reports that repayment of the delayed bonds is still intended to be made from the proceeds of a real estate sale. The transaction is taking longer than expected as the buyer is in the process of obtaining a VAT number. Late interest is to be compensated.
An Event of Default (EoD) notice has been issued to Easy Debt Service, which is a formal step taken due to the repayment delay.
Mintos is clarifying a repayment plan with Easy Debt Service. More information will follow in April.