Announced
Completed
Financials
Sources
Tags
Cross Border
Paper
Acquisition
Private
pulp and paper
Friendly
Restructuring
Majority
Completed
Single Bidder
Spain
Synopsis
Noteholders of Lecta completed the acquisition of Lecta, a pulp and paper company. Financial terms were not disclosed. The recapitalisation was implemented via the transfer of Sub-Lecta to be indirectly held by a newly incorporated UK company and the exchange of existing senior secured notes to new longer dated debt instruments and equity.
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