#Latest news with #StrategicValuePartnersLLCBloomberg08-02-2025BusinessBloombergSVP's Kloeckner Pentaplast Reaches Deal to Extend Bond MaturityGerman packaging company Kloeckner Pentaplast reached a deal to extend the maturity of its riskiest slice of debt as inflation and waning demand put pressure on its business. The company, owned by US alternative investment firm Strategic Value Partners LLC, entered into an agreement with about 75% of the holders of the €300 million ($310 million) notes due September 2026, according to a statement on Saturday.
Bloomberg08-02-2025BusinessBloombergSVP's Kloeckner Pentaplast Reaches Deal to Extend Bond MaturityGerman packaging company Kloeckner Pentaplast reached a deal to extend the maturity of its riskiest slice of debt as inflation and waning demand put pressure on its business. The company, owned by US alternative investment firm Strategic Value Partners LLC, entered into an agreement with about 75% of the holders of the €300 million ($310 million) notes due September 2026, according to a statement on Saturday.