The owners of FESCO Eurobonds approved a restructuring




The owners of FESCO Eurobonds approved a restructuring of the securities, said in a statement. 27 October 2017 at the creditors ‘ meeting was attended by the owners of 92,95% of the outstanding Eurobonds, while 92,89% of the owners of securities has approved the proposed restructuring scheme and only 0.06% voted against.

“The proposed scheme is approved by the requisite majority of creditors at the meeting in accordance with article 26 of the companies act 2006. The scheme will be subject to subsequent approval of the Supreme court of justice of England and Wales at a meeting scheduled for 3 November 2017,” said the company.



The owners of FESCO Eurobonds approved a restructuring 27.10.2017

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