Key creditors reject Algoma restructuring plan
Article Abstract:
Sault Ste Marie, Ont.-based Algoma Steel Inc.'s restructuring plan has met with stiff opposition from the steel producer's major creditors. Algoma Steel, which has $349 million in junk notes, is led by chief restructuring officer Hap Stephen.
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001
Organizational history
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001
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Noteholders latest to assail Algoma restructuring plan
Article Abstract:
Algoma Steel's restructuring plan under fire. The author examines the continuing battle between the union which owns 25 percent of the company and the balance of the stockholders over how restructuring should proceed.
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001
Financial management, Investor Relations, Company Profile, Labor unions, Union dues
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
Subjects list: Canada, Finance, Steel industry, Algoma Steel Inc.
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