PagesJaunes brings in ref to manage A&E negotiations
Just nine days after bondholders gave the company permission to do so, PagesJaunes has asked the President of the Commercial Court of Nanterre to appoint a mandataire ad hoc — a mediator — to aid amend and extend negotiations.
As a result, the court has appointed Maître Frédéric Abitbol to the mediation role, and discussions between the French directories company and its lenders will be held under his guidance.
More than 90% of lenders have already consented to PagesJaunes proposed documentation amendments, and more than two thirds of
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