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Steinhoff restructuring

23/7/2018
Restructuring
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Announced

23/7/2018

Overview:

  • A lock-up agreement has been concluded between Steinhoff and the majority of its creditors to restructure the company's $11 billion debt.
  • Steinhoff is an international retail holding company based in South Africa.

Mihail Georgiev - Data analyst

Jurisdiction:

Austria

Deal type:

Restructuring

Practice areas:

Banking and finance
Restructuring

Governing law:

Austria

Industry sector:

Consumer goods and services

Firms:
Binder Grösswang

Party: Senior Credit Committee (Ad hoc creditors committee)

Dorda

Party: Ad Hoc Committee of Second and Third Lien Lenders (Ad hoc creditors committee)

E+H Rechtsanwälte

Party: Ad hoc group of bond holders (Bondholders)

Fellner Wratzfeld & Partner

Party: Steinhoff international (Debtor)

Latham & Watkins

Party: Ad Hoc Committee of Second and Third Lien Lenders (Ad hoc creditors committee)

Linklaters

Party: Steinhoff international (Debtor)

Resor

Party: Ad Hoc Committee of Second and Third Lien Lenders (Ad hoc creditors committee)

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