Mercer International's Chapter 11 bankruptcy

업데이트 1/1최신11월 11일 오후 9:03 UTC2일째

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.

시청

가장 이른 출처Kalkine11월 10일 오전 11:10 UTC

처음 알려진 내용

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