Steinhoff says creditor challenges debt restructuring

World News: . []

South African retailer Steinhoff said on Thursday a creditor is challenging the company's plans to restructure its convertible debt into new secured loans. Steinhoff is in the middle of a cleaning up its balance sheet after discovering a multibillion euro holes in its balance sheet more than a year ago.

Read More: http://www.engineeringnews.co.za/article/steinhoff-says-creditor-challenges-debt-restructuring-2019-01-11

Published: .

Search for other references to "steinhoff" on SPi News


Share

Previous StoryNext Story

SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2019. [Admin Only]
 
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 0751938.
 
Privacy Policy | Terms and Conditions | Contact Us