Bank of Valletta seeks €50m out-of-court settlement with out-of-pocket Deiulemar bondholders
Malta’s Bank of Valletta has offered a €50m ($59m) out-of-court settlement to Italian bondholders of defunct Deiulemar, in return to drop a long-standing claim against the bank for €363m. The offer also comes two years after the bank appealed an Italian court’s order for a precautionary warrant that requested it to keep €363m as a …
Malta’s Bank of Valletta has offered a €50m ($59m) out-of-court settlement to Italian bondholders of defunct Deiulemar, in return to drop a long-standing claim against the bank for €363m. The offer also comes two years after the bank appealed an Italian court’s order for a precautionary warrant that requested it to keep €363m as a …
[post_title] => Bank of Valletta seeks €50m out-of-court settlement with out-of-pocket Deiulemar bondholders
[post_excerpt] => Malta’s Bank of Valletta has offered a €50m ($59m) out-of-court settlement to Italian bondholders of defunct Deiulemar, in return to drop a long-standing claim against the bank for €363m. The offer also comes two years after the bank appealed an Italia...
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[post_modified] => 2020-08-04 06:44:55
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