15
Nov
11:04
Liberty reaches agreement in principle with creditors
Liberty Group says it has reached an agreement in principle for a debt restructuring with its main creditors.
This comprises all major Greensill creditors; Credit Suisse Asset Management, Greensill Bank and Greensill Capital (UK) Limited. The parties have thus adjourned the winding up petitions against Liberty entities.
The agreement remains subject to internal approval and execution, but it could be a step towards the restructuring of the group’s activitie…
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Anonymous
Very good overview of the weekly steel market.
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