Scholz aims to gain time for restructuring with deferral of bond interest payment

Trading of bond suspended / "Constructive" talks with creditors

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(D) – As it restructures its finances, German steel scrap recycler Scholz is looking to defer the interest payment due 8 March on its bond. A deferral of the roughly €15.5m interest payment "would provide a stable platform for the continuation of the financial restructuring and the investor process", said the ...

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