11 Feb RPPP Advise on Tus Group Financial Restructuring
Posted at 19:31h
in News
In the process of TUŠ restructuring Rojs, Peljhan Prelesnik advised HETA, who is one of the most important creditors of TUŠ and without which the restructuring would not be possible. The consent of HETA (due to the size of its exposure and the fact that its claims derive from financial leasing of real estate) was a precondition for restructuring and without it TUŠ would go to bankruptcy. In this respect HETA had separate conditions and demanded certain very important provisions against TUŠ and also other participating creditors. HETA demanded (and succeeded) also separate conditions regarding disinvestment of certain valued real estates and TUŠ and other creditors had to consent to that.