Pescanova gets deadline extension
date:Apr 25, 2014
is getting support from small creditors for the agreement. According to the same sources, the creditors are backing the offer because it includes the full payment without reduction of the debt of 100 percent of the commercial claimants with a debt lower than USD 137,904.51 (EUR100,000).

The global debt of the smaller creditors is lower than the 10 percent of the companys total global debt, while the seven main creditor banks amount to 46 percent of the debt, according to this media.


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07/15 22:51