Among the legal advisers are a range of top U.S. and European firms, as German property giant Adler Group attempts to avoid collapse.
May 03, 2023 at 06:57 AM
3 minute read
Reporter
White & Case and Hengeler Mueller are leading a sweep of law firms on the restructuring of real estate company the Adler Group, which is attempting to stave off collapse.
The restructuring involves both the amendments to certain bonds—amounting to an aggregate nominal value of €3.2 billion—as well as new funding of around €937.5 million, according to a statement by White & Case.
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