
The properties of French offshore solutions large Bourbon, which declared court defense in back in July divulging obligations of over $1 billion, have actually been marketed to a team of leading financial institutions.
The business provided this declaration today:
By a judgment dated December 23, 2019, the Marseilles Commercial Court chose of the disposal of the properties of Bourbon Corporation to Soci été Phoc éenne de Participations (SPP), a business had by the list below financial establishments: BNP Paribas, Caisse Régionale de Cr édit Agricole Mutuel Alpes Provence, Caisse Régionale de Cr édit Agricole Mutuel de Paris et d’Ile de France, CM-CIC Investissement SCR, Cr édit Lyonnais, Natixis as well as Soci été Générale.
Transfer of possession of the Bourbon Corporation properties will certainly occur since January 2, 2020.