PropertyEU

Orco makes strides in restructuring

By A staff reporter 2012-04-24T00:00:00

CEE-focused Orco Property Group (OPG) and its subsidiary Orco Germany (OG) have reached debt-restructuring agreements with bondholders. They entered into an agreement in mid April with bondholders representing a third of OPG's bonds and 61% of Orco Germany's bonds in terms of nominal value.

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