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Signa Unit Offers Creditors 30% Recovery in Restructuring Plan

Signa Unit Offers Creditors 30% Recovery in Restructuring Plan
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Signa Unit Offers Creditors 30% of Their Money Back in Plan

(Bloomberg) Signa Development Selection AG, the smaller of two main units in Rene Benko’s insolvent property group, is offering to pay back its creditors 30% of their money within two years. Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStock Traders Bracing for Worst Shrug Off Hot CPI: Markets WrapChina Has Never Canceled This Many Shipments of US WheatNY Says Trump Should Post Full Bond During Fraud Case AppealUS Core Inflation Tops Forecasts Again, R

Signa Development Says Insolvency Filing Likely in Near Term

Signa Development Says Insolvency Filing Likely in Near Term
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Signa Development Seeks to Reclaim Cash From Group to Add Funds

Signa Development Seeks to Reclaim Cash From Group to Add Funds
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Signa Unit Cut by Fitch as Investor Calls for Shareholder Cash

Signa Unit Cut by Fitch as Investor Calls for Shareholder Cash
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