Leoni agrees on financial restructuring concept with financing parties and strategic investor
Leoni AG will be relieved of about half of its financial liabilities
Leoni has agreed with the majority of financing parties and Stefan Pierer as strategic investor on a financial restructuring concept that would reduce the company’s debt, provide it with fresh liquidity and secure financing, a company press release dated April 3 read.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here