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Algoma creditor plan is filed

Article Abstract:

Algoma Steel Inc. filed a second restructuring plan and noteholders would receive 8.5 cents for every debt dollar they have if the company is liquidated. A restructuring proposal by the noteholders will be filed for review on December 7.

Author: Keenan, Greg
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001
Economic aspects, Letters of credit

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Algoma plan gets approval

Article Abstract:

Algoma Steel Inc. received approval for its restructuring plan yesterday. This leaves two more obstacles the company has to face before it can emerge from creditor protection in January.

Author: Keenan, Greg
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001
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Algoma Steel's protection extended

Article Abstract:

Algoma Steel Inc. gains an extension on its protection from creditors.

Author: Keenan, Greg
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001

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Subjects list: Canada, Finance, Steel industry, Algoma Steel Inc.
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