Creditors support Permira, Vienna Capital at Borsodchem

Friday 9 October 2009 at 06:30

Creditors to Hungarian chemical company BorsodChem support owners Permira and Vienna Capital to retain a majority after restructuring.

UK private equity company Permira and Vienna Capital partners should remain majority shareholders in BorsodChem, the company's creditor banks made clear after a meeting in Frankfurt on Thursday, BorsodChem said in a statement.