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Praktiker requests bondholders to reduce interest rate

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Published in issue 11/2012
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At the end of February the executive board of the ailing DIY group, Praktiker AG, Kirkel, asked the owners for a partial debenture to a total amount of €250m for support purposes in the current restructuring process. Accordingly the holders of the corporate bonds issued in February 2011 would make a contribution to ...

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