Transcom Owner Altor in Talks With Bondholders Over Refi Options
Transcom Holding AB, a Swedish outsourcing business, is in discussions with its bondholders and its sponsor, Altor, regarding options to refinance a bond that is set to mature next year. The talks are focused on Transcom's ability to repay the bond, according to people familiar with the matter. Transcom is owned by the private equity firm Altor, which is leading the discussions with the bondholders. The outcome of these negotiations could have significant implications for Transcom and its financial stability. The company's ability to refinance the maturing bond will be crucial in determining its future plans and operations. The article does not provide additional details about the specific terms or timeline of the refinancing negotiations. However, it highlights the ongoing challenges faced by Transcom and the importance of finding a suitable solution to address the upcoming bond maturity.
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