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Homepage » Felsberg in The News » Unigel: recovery plan foresees 15% reduction in the value of debt and will give 50% of the company to creditors
News
22/02/2024

Unigel: recovery plan foresees 15% reduction in the value of debt and will give 50% of the company to creditors

Felsberg in The News

Petrochemical company Unigel, advised by Felsberg Advogados, Padis Advogados and Moelis, has obtained the approval of an out-of-court recovery plan, which provides a complex solution for the conversion of the company’s USD 830 million debt. The creditors who supported the plan were advised by Munhoz Advogados and Hoolihan.

 

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Tags: PetrochemicalRestructuringUnigel
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