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Prospect News home > News index > List of issuers S > Headlines for SKW Stahl-Metallurgie Holding AG > News item
Published on 9/30/2014 in the Prospect News Distressed Debt Daily.

SKW Stahl-Metallurgie Holding in standstill agreement with lenders

By Kali Hays

New York, Sept. 30 – SKW Stahl-Metallurgie Holding AG has entered into a standstill agreement through Jan. 31 with lenders financing its current framework loan, according to a Tuesday news release.

The company is still engaged in “constructive discussions” with the lenders regarding a “fundamental refinancing” of the framework loan, according to the release.

SKW Stahl-Metallurgie is a provider of specialty chemicals for the steel industry based in Unterneukirchen, Germany.


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