Creditors Agree EUR 208M Debt-to-Equity Conversion for Cimos
Koper/Ljubljana, 3 November - The key creditors of Cimos, including the Bank Assets Management Company (BAMC), have submitted to the the Koper District Court a restructuring plan for the car industry supplier, which includes a debt-to-equity conversion worth EUR 208m and EUR 40m in liquidity funds. The debt restructuring is to be followed by privatisation.
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