Автор
Reuters
Reuters
Опубликовано
11 июл. 2018 г.
11 июл. 2018 г.
Steinhoff says makes progress with creditors over restructuring
Автор
Reuters
Reuters
Опубликовано
11 июл. 2018 г.
11 июл. 2018 г.
South African retailer Steinhoff, said on Wednesday it had begun a process with creditors for a “lock-up agreement”, which once completed could allow the restructuring of huge debts within three months.
“The launch of the LUA (lock-up agreement) marks the culmination of several weeks of discussions with the ad hoc committees of third party creditors,” Steinhoff said in a statement.
“(It) represents an important step in the restructuring process.”
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