Seat Pagine’s last offer: SSBs get vote, coupon threatened
Italian directories company Seat Pagine Gialle released its final proposal for restructuring on Tuesday evening, having formally included its senior secured bondholders in the restructuring negotiations.
The company said this would be its last proposal that, should it not obtain the necessary consent threshold by the new deadline of February 28, it was planning to file under the Legge Marzano, Italys equivalent of a US Chapter 11 bankruptcy.
To make it easier to secure agreement,
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: firstname.lastname@example.org or find out more online here.