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Bondholders of Arazim approved the reorganization plan


The bondholders of Arazim approved today the reorganization plan between all series of bonds and the Company. Under the approved plan, Arazim will create specific charges on real estate in England to secure the repayment of the long term debts. It was also agreed that if Arazim fails to fulfill its undertakings under the plan, the long term bondholders (series 4) will be prioritized over other bondholders in receiving proceeds from realization of the Company's assets.


/public/adam/ExplorerIcon.jpg TheMarker Article

/public/adam/ExplorerIcon.jpg Company Announcement


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