Mercer International's Chapter 11 bankruptcy

Pembaruan 1 dari 1Terbaru11 Nov, 21.03 UTCHari ke-2

Mercer’s bankruptcy plan targets its debt, not a shutdown

Fitch has lowered Mercer’s issuer rating to D, but its operating subsidiaries are outside the Chapter 11 filings. A proposed debt-for-equity exchange and $400 million capital commitment still need to be carried through.

Tonton

Sumber paling awalKalkine10 Nov, 11.10 UTC

Apa yang pertama kali kita ketahui

• ~$1.1bnBonds proposed for exchange into equity
• $400mFully backstopped new capital announced
• ~$700mTarget debt after restructuring