Scholz bondholders take legal action against interest payment deferral

Representatives demand at least 25 per cent of interest payment due

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(EU) – There could be a setback in the efforts to save the financially troubled steel scrap recycler Scholz. The representatives elected by holders of a corporate bond issued by Scholz have lodged an appeal with the Vienna commercial court against the decision to defer the bond interest payment of around €15.5m ...

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