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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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Rene benkoVienna commercial courtBloomberg signa development selectionSigna developmentRepresentatives for signa developmentVienna commercialPresent repayment plan

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

Bloomberg businessweekRene benkoVienna commercial courtRepresentatives for signa developmentBonds of signa developmentBloomberg signa development selectionSigna developmentVienna commercialPresent repayment planSigna prime