The German real estate company Adler Group said it had agreed with most of its senior unsecured fixed-rate noteholders that will allow it to carry out an English law Part 26A plan to implement its #restructuring agreement.
In this special episode of Reorg Europe Podcast we discuss the events leading up to the plan announcement, what the restructuring hopes to achieve and finally what a plan might look like - considering class composition and cross-class cramdown.
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