Heta Creditor Group Says Ready to Restructure Carinthia DebtBy and
Creditors say claim becomes affordable with 30-year extension
Group with 2.5 billion euros in bonds sees planned tender fail
Austrian bad bank Heta Asset Resolution AG’s biggest creditor group is ready to restructure state guarantees of as much as 11 billion euros ($11.7 billion) in bonds as long as the debt is repaid in full.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.