BSE rejects E-Star request to delist company bonds

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The Budapest Stock Exchange (BSE) has rejected a request from bankrupt Hungarian energy-services company E-Star Alternative to delist the company's bonds from the exchange, the BSE announced on Tuesday evening.

The Budapest Stock Exchange said that E-Star, which filed for bankruptcy protection in early December, had requested that the BSE delist company bonds E-STAR 2015/A, E-STAR 2016/C and RFV 2014/A citing the possibility that not all the company's lenders reported their claims by the January 11 deadline. The Budapest Stock Exchange said that neither Hungarian law nor BSE regulations warrant delisting E-Star's company bonds.

E-Star is a A-category issuer at the Budapest Stock Exchange.

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