Anglo Irish restructuring Carpathian debt

Anyone who was hoping Carpathian’s creditors would be foreclosing on its assets and igniting some firesales will have been disappointed by the recent headlines. Including this one. In another blow for distress-seeking vultures, Anglo Irish has agreed to restructure its €70.1m debt with the group for three assets. All are reported to have been having problems. If it’s problematic assets you’re interested in buying, however, this deal apparently frees the way for the Interfruct portfolio  in Hungary to be sold.

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