Endemol Group has reached an agreement with more than two-thirds of the company’s lenders to a capital restructuring. In the coming weeks, the parties will continue discussions and work towards finalizing documents for the legal implementation of the changes. Marco Bassetti, Global President, and Just Spee, Chief Financial Officer, said this agreement will allow the company to pursue new growth initiatives and focus on developing its creative strategy without the constraints of an onerous capital structure. Endemol’s business has continued to make significant progress over the past 12 months, outperforming budget in 2011 with year on year growth of approximately 10 per cent.