Achilles Capital Faces Creditor Pressure as Maturities Loom

Swedish investment company Achilles Capital AB is facing mounting pressure from its bondholders as a pile of debt comes due.

The firm has €175 million ($203 million) of outstanding notes expiring in April, according to data compiled by Bloomberg. If the debt isn’t extended by Jan. 1, it will also face a springing maturity that same month on a smaller €25 million note.