Fri 12/24/2021 13:23 PM
Moby and its ad hoc group of bondholders have agreed on an updated version of the Italian shipping group’s restructuring proposal, sources told Reorg. The new plan includes most of the requests advanced by the company’s bank lenders during the recent negotiations.
The updated restructuring proposal is being examined by the banks as of now and a response will be provided after Christmas, sources said.
Among other things, the updated plan includes an increase of the amount of...
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