AB Science (ABSCF.PK) said an agreement in principle has been reached with its financial creditors to postpone by 24 months the repayment of its bank debt. The implementation of this agreement is conditional on the postponement by at least 12 months of the repayment of a loan taken out with the EIB.
AB Science noted that the loan with the EIB is granted in two tranches of 6 million euros each, with the first tranche maturing on January 1, 2028 and the second on December 31, 2028. The company is pursuing discussions with the EIB to obtain postponement.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.