MILAN, Dec 1 (Reuters) - Carlo Tassara SpA statement:
* The holding company and some leading Italian bank creditors have signed the term sheet for reduction of debt with Italian and foreign banks over 12 months
* Carlo Tassara will use own resources to pay debt owed Royal Bank of Scotland Plc (RBS.L) and BNP Paribas SA (BNPP.PA)
* Term sheet still needs approval from other banks
(Reporting by Ian Simpson)
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