MILAN, Feb 3 (Reuters) - Shares in Italy's IT Holding (ITH.MI) were suspended from trading on Tuesday pending a statement from the fashion company, the Milan bourse said.

It Holding - Exté fall-winter 2008/2009

IT Holding, owner of fashion brand Gianfranco Ferre, is to hold a board meeting on Tuesday to discuss its financial situation.

IT Holding said on Monday it had received expressions of interest from various parties.

It said talks were continuing with China's Mensun Ltd but no longer on an exclusive basis, and contacts with other investors had started.

The company said one of the expressions of interest calls for a capital increase and a renegotiation of its debt.

IT Holding has a 185 million euro bond which expires in 2012 and has a coupon of 9.875 percent .

The indicative prices for the bond were bid at 8 cents on the euro and offered at 15 cents on the euro, traders said on Tuesday.

On Dec. 22, Standard & Poor's cut its long-term credit rating on IT Holding to "SD" (selective default) from "CC", which is used for obligations that are highly speculative.

On the same date, Moody's Investor Service downgraded the company's rating by three notches to "Ca".

The rating downgrades followed news that the company had asked creditors to postpone for a second time payment of an instalment on a loan due in October.

(Editing by Erica Billingham)