Norske Skog restructuring thrown into fresh doubt as latest proposal rejected

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Norske Skog restructuring thrown into fresh doubt as latest proposal rejected

Paper Tear
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The debt restructuring saga at Norwegian paper company Norske Skog took a sharp turn this week wherein a breakthrough with senior investors was quickly waylaid by a group, claiming to represent more than half of the company’s unsecured creditors, rejecting the latest proposal.

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