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.

The rest of this news item is available to subscribers.
The news item consists of 1.275 characters (without spaces) or 231 words words.

Buy the news item. Price: 2 tokens; on account: 0 tokens.

mas/gz/sm/gj
© STA, 2014