Alpine: Future Still Highly Uncertain

Alpine: Future Still Highly Uncertain / Picture: © Alpine Logo Press Photo

According to insiders, the creditors will agree on a standstill. Alpine´s main creditors will have to accept a waiver, analysts say. In total, the expected waiver is expected to come at € 280m. This corresponds to 35% to 40% of the loans. The last standstill agreement expires at midnight tonight. 95% of the creditors must approve the waiver. Otherwise Alpine may has to file for…