By  on September 1, 2009

MILAN — Trading in the shares of Mariella Burani Fashion Group SpA on the Milan Stock Exchange was suspended Monday for “an undetermined period.”

A MBFG spokeswoman said the halt was in compliance with Italian law, as the company requested a capital increase on Aug. 8, seeking to raise up to 100 million euros, or $133 million, as part of a debt restructuring program. The group asked creditor banks for a standstill agreement on its debt, which stood at 478.4 million euros, or $636.2 million, at the end of June.

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