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News 2026-10-16 18:17 UTC

Rath Agrees With Key Creditors on Debt Restructuring Terms Through 2029

Rath and four subsidiaries agreed restructuring terms with key financial creditors, extending existing financing through December 31, 2029. Financing will carry higher costs and extensive collateral; scheduled repayments are generally suspended through December 31, 2029. Dividend payments are barred; early repayments m

News 2026-10-16 18:09 UTC

Rath agrees with key creditors to extend financing through December 2029

Rath and four subsidiaries agreed terms with key financial creditors to amend existing financing arrangements and extend them through December 31, 2029. The financing will carry higher interest rates and fees, with extensive collateral requirements. Principal repayments would be suspended through December 31, 2029, sub