Nobina restructures for the second time in seven years

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Nobina restructures for the second time in seven years

Swedish passenger bus operator Nobina has completed its refinancing through a company restructuring. The business, which in August officially deferred the repayment of its €85m 9.125% 2012 bond from August 1 until October 31, has reached agreement with its bondholders on a debt for equity swap and a new bond.

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