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Next Issue Monday
13 September 2010
Featured Events
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27-29 September 2010
London, UK
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25-26 October
London, UK
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17-18-19 November 2010
Cannes, France
Orco bondholders reject sweetened restructuring plan
Ailing listed CEE developer Orco said its bondholders rejected sweetened proposals for restructuring bonds via a debt-for-equity swap at a general meeting in Paris 24 September. Individual consultations will now be organised in coordination with trustee Le Guerneve and Creditor's Representative LeLoup-Thomas, appointed by the Commercial Court of Paris.