October 19, 2018 / 4:15 PM / a month ago

Steinhoff says 85 pct of creditors accept restructuring extension

JOHANNESBURG, Oct 19 (Reuters) - South African retailer Steinhoff, said that 85 percent of creditors support extending its debt restructuring by one month.

The retailer had asked creditors for an extension to Nov. 20 as it negotiates documents required to implement the plan. (Reporting by Nqobile Dludla, editing by Louise Heavens)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below