Bigben and Nacon Suspend Trading Following €43 Million Debt Repayment Failure

Bigben Interactive has announced a temporary suspension of trading for its shares on Euronext Paris and its bonds on Euronext Access Paris. The move follows the company's formal admission that it is unable to proceed with a scheduled €43 million partial repayment to its bondholders. Consequently, its subsidiary Nacon also requested a trading halt for its shares, citing the financial instability of Bigben as its majority shareholder. This failure to meet debt obligations highlights severe liquidity concerns within the group, significantly impacting investor and creditor confidence. Trading is expected to remain suspended until further clarity is provided regarding the company's financial standing and potential restructuring plans. The situation marks a significant bearish signal for both equity and bond holders as the group navigates this critical credit event.