Wednesday, March 18, 2026
Industry NewsLecta expects to complete recapitalization by April

Lecta expects to complete recapitalization by April

-

Lecta expects to complete recapitalization by April

-

On 2 January 2026, Lecta together with its direct and indirect subsidiaries, executed a lock-up agreement with key stakeholders representing its largest financial creditors and shareholders, pursuant to which those parties agreed to support the implementation of a comprehensive recapitalization transaction. With the support of the stakeholders, Lecta has reported it has the necessary support required under the lock-up agreement to facilitate the implementation of the recapitalization.

Lecta and its subsidiaries are endeavoring to complete the recapitalization as soon as possible and expects completion to occur by the end of April 2026 at the latest, in order to comply with applicable regulatory and anti-trust approvals.

Furthermore, the stakeholders have agreed to further defer interest payments on the New
Money Notes and Super Senior Facilities Agreement due in September 2025 and December
2025, amounting to around 9 million euros, to support liquidity.

NewsDesk
NewsDesk
The editorial team of The Packman who handle all the press releases with Sunil Jain working as the desk editor.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest news

ASPA TAF Connect 2026 sees strong brand turnout, CRISIL report launch

The Authentication Solution Providers’ Association (ASPA) successfully hosted TAF Connect 2026 – Trust. Track. Transform., its flagship conference, in...

Heidelberg to showcase itself as a system integrator for packaging at interpack 2026

Heidelberg will showcase examples of integrated system solutions for transparent, automated, efficient, and sustainable packaging production at interpack 2026,...

Presto Techpack installs PRDC 330 digital cutter

Roorkee-Based Presto Techpack has installed a PRDC 330 digital cutter for short- to medium-run prints, print-on-demand, and high-precision label...

Henkel opens new inspiration center in Jundiaí

Henkel has inaugurated an inspiration center in Jundiaí, Brazil. With an investment of around 38 million euros (approximately BRL...
- Advertisement -spot_img

Loupe Americas returns this September

Loupe Americas, formerly Labelexpo Americas, is set to return to Chicago from 15 – 17 September 2026 at the...

Heaford to showcase plate mounting solutions at FTA Forum Infoflex 2026

Flexo pre-press specialist Heaford will demonstrate plate mounting solutions to printers in the USA during FTA Forum Infoflex 2026,...

Must read

Ishida Europe launches VFFS bagmaker

Ishida Europe has announced the launch of a new...

ALPS and Avery Dennison celebrate World Label Day in Delhi

Association of Label Printers and Suppliers (ALPS) in association...

You might also likeRELATED
Recommended to you