Homburg Enters Into Agreement with Catalyst Capital
Homburg Invest Inc., a Dartmouth, Nova Scotia-based manager, acquirer and developer of real estate, announced that in the context of its court-approved investment proposal process, the restructuring company has entered into a support agreement with Catalyst Capital Group. The agreement is intended to give creditors additional optionality in continuing negotiations, including the possibility to receive a cash payments from Catalyst. Toronto's Catalyst specializes in control investments in distressed and undervalued situations.
18 April 2013•3 mins read
