Tue 04/19/2022 11:30 AM
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Schur Fund Raising Update from Reorg's EMEA Core Credit Team

Schur Flexibles is asking lenders for a €60 million interim facility under a draft debt-for-equity swap restructuring proposal sent out today, sources told Reorg. The Austrian packaging group’s proposal, which envisages that sponsors B&C Group and Lindsay Goldberg would relinquish control of the company only seven months after the LBO was financed, includes:

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