A-Tec: Banks Working on Counter-Proposal

CompaniesTechnology ♦ Published: October 30, 2010; 15:48 ♦ (Vindobona)

After the fruitless negotiations, the banks plan to draw up a counterproposal. In addition, a British investor is showing interest in joining.

A-Tec: Banks Working on Counter-Proposal / Picture: © A-Tec

An agreement was not possible, Gerhard Weinhofer from Creditreform announced after the creditor´s meeting. By contrast, A-Tec seems to be confident that negotiations will end up with a positive conclusion: The official statement:

“With respect to the ongoing discussions with AE&E Group`s banks, an all-lenders-meeting was held today in Vienna. The statements of the banks…