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News InterCement submits restructuring plan

InterCement submits restructuring plan

Written by Global Cement staff 17 September 2024
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Brazil: InterCement has presented a restructuring plan to local courts. The plan is aimed at reprofiling the capital structure of the company, and has gained approval from creditors representing over one third of its debt. The plan depends on a possible merger and acquisition transaction that is still under negotiation, according to a statement by the company. This plan comes a few months after the company announced it had entered talks to sell to Companhia Siderurgica Nacional.

Last modified on 17 September 2024
Published in Global Cement News
Tagged under
  • Brazil
  • Intercement
  • restructuring
  • debt
  • Companhia Siderúrgica Nacional
  • GCW677
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