Gounon challenges creditors to get real

AFTER MONTHS of largely fruitless negotiations on debt restructuring, Eurotunnel’s Executive Chairman Jacques Gounon threw down the gauntlet on April 12. He effectively challenged creditors holding £6·2bn of debt to settle on terms that would allow the company to operate profitably. The alternative was the uncertain prospect of trying to ...

Please sign in or register for free to view this page


Sub Advert

You have reached your limit of news stories for this week. Register for FREE to read this article and get:

  • Unlimited access to online news coverage from:
  • Railway Gazette International covering the global railway industry
  • Metro Report International covering the urban transport sector
  • Rail Business UK industry news for the British railway market
  • Weekly e-mail newsletters covering the sector(s) of your choice
  • Exclusive offers for Railway Gazette Events.

If you are already a registered user or a subscriber you can SIGN IN now