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Alno group plans capital reduction as part of financial restructuring

Bond and debt-equity swap no longer part of financing concept

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Published in issue 29/2012
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As part of its financial restructuring process, Alno AG of Pfullendorf, Germany, is planning a capital reduction, which is to follow the capital increase already planned at an earlier date. According to Alno, banks and existing shareholders will also provide substantial rescue contributions. The executive board of ...

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