(Alliance News) - Borsa Italiana Spa announced on Thursday that Sciuker Frames Spa shares have been suspended from trading.

The company had announced that the board of directors had decided to submit to the lending banks a proposal for a temporary suspension of the obligation to pay the installments relating to the loans currently in place, commonly referred to as a "standstill," in order to allow for the continuation of a broad and structured discussion with the same lending banks aimed at redefining the company's financial exposure, including the timing thereof.

By Claudia Cavaliere, Alliance News reporter

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