Kaupthing Bank Creditors

  • Grouville1
  • 26/10/08 n/a (free)
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Posted: Thu, 13/11/2008 - 08:24

Published: 21:51 12.11.2008 GMT+1 /HUGIN /Source: Kaupthing Bank /SSE: KAUP /ISIN: IS0000001469

Kaupthing's Resolution Committee meets with creditors

Kaupthing Bank's Resolution Committee met today for the first time with representatives of large creditors of the bank (Informal Creditors' Committee). The meeting was constructive and it is anticipated that another meeting will be held within a month. The Resolution Committee looks forward to working with the Informal Creditors' Committee towards a solution which maximizes recovery for all stakeholders.

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