Senvion - Triton double equity for Flaekt Woods
All,
Following lender's rejection of Triton’s initial offer some two weeks ago, Triton have agreed to inject E50m in cash through additional equity.
E30m are to pay down debt and E20m will stay on the balance sheet.
This is good news for bondholders at Galapagos, who are dealing with much the same setup.
Wolfgang