Bond Refinancing Collapsed: A-Tec Starts Insolvency Proceedings

Published: October 20, 2010; 16:39 · (Vindobona)

After several problems with the refinancing of its corporate bond, A-Tec decides to start a restructuring.

Bond Refinancing Collapsed: A-Tec Starts Insolvency Proceedings / Picture: © A-Tec

A-Tec, which is listed on the Vienna Stock Exchange, has announced the start of a insolvency proceedings.The A-Tec group is conducted by Mirko Kovats and operates in numerous countries with construction projects and the development of industrial goods for the energy sector. In detail, the restructuring process is referred to the holding company A-Tec Industries AG - the parent…

This article includes a total of 140 words.

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