Zipmex Restructuring Plan Affords Collectors 3.35 Cents on the Greenback: Report

by Jeremy

The determine might rise to as excessive as 29.35 cents on the greenback relying on recoveries in relation to its debt restructuring plan. The proposals have been pushed again by main collectors, who’ve requested a overview of Zipmex’s property and liabilities, Bloomberg reported. The Singapore-based alternate has $97.1 million of debt, the report mentioned.

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