Senvion Loan Agreement

Senvion Signs EUR 100 Mn Loan Agreement to Avoid Bankruptcy

The DIP facility enables Senvion to continue its business operations following last week’s self-administration filing.  Germany-based Senvion, a leading global manufacturer of onshore and offshore wind turbines and its lenders and main bondholders have signed a binding loan agreement, setting forth terms for a EUR 100m debtor-in-possession (“DIP”) facility.  The DIP facility has received Board […]

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