Wed 02/16/2022 03:35 AM
Schur Flexibles is heading for a full-blown restructuring just four months after issuing a seven-year €475 million term loan B to back its buyout by B&C Group from previous sponsor Lindsay Goldberg. In its first communication with lenders since the loan was
syndicated, the Austrian specialty flexible packaging producer said it has retained PJT Partners and Allen & Overy as financial and legal advisors and is asking them to organize, sources told Reorg.
The group is facing a massive liquidity...
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