Creditors of the company approved Monday its recovery plan that allows the entry of new group of shareholders, Argentine newspaper Clarin
- Controller of
Pampa Energia ,Marcelo Mindlin , under Latcem group,Redwood Capital Management and a group of funds managed by Moneda Patria Investment, bought a stake ofInterCement’s debt and will now be the company’s main shareholders - Recovery plan still need approval by a court in Sao Paulo state
- NOTE:
Intercement Presents New Version of Judicial Recovery Plan - NOTE:
Argentine Investor Group Buys Debt Stake in InterCement: Clarin
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