back to article Azzurri backers write off MILLIONS in debts - AGAIN

Investment banks backing voice and data comms biz Azzurri have agreed to write off three quarters - £78m - of debts owed to them by the integrator in a bid to clean up its balance sheet and gear up for expansion. This leaves Azzurri owing £45m (£25m interest bearing) to the seven-strong financial syndicate, which includes …

COMMENTS

This topic is closed for new posts.

can I have creditors like this too?

Suspect this is not so much a cleaned up balance sheet to expand, but one to better sell....

0
0
This topic is closed for new posts.

Forums