Hal Agrees To Refinance Safilo, After Obtaining 50.99% Of Its High-yield Bonds

By its newly extended deadline at 5 PM yesterday, Hal Holding, the investment company that controls GrandVision and Pearle Europe, had received 50.99 percent of Safilo's high-yield bond in a public tender that had met the resistance of the bondholders because of the lower price being offered.

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