ACH Reaches Deal with Creditors, EUR 125M Debt Deferred Till 2017
Ljubljana, 16 December - The troubled conglomerate ACH has reached a financial restructuring agreement with creditors, chief among them the Bank Asset Management Company (BAMC), which defers the repayment of around EUR 125m in debt until 2017. The deal involves the sale of some of ACH's high profile investments, including two prestigious hotels in Ljubljana.
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