Consumer
Italian Toymaker Set to Step Up Debt Talks as Maturities Loom
- Giochi Preziosi has bank loans coming due in May and June
- The company has been grappling with losses over the last years
The company is looking at options to tackle its €250 million of debt.
Photographer: Christopher Dilts/BloombergThis article is for subscribers only.
Italian toymaker Giochi Preziosi SpA is set to step up talks with its bank lenders as some of its debt comes due in the coming months.
The company, which endured years of losses, is looking at options to tackle its €250 million ($271 million) of debt, said people familiar with the matter, who spoke to Bloomberg News on the condition of anonymity.