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Chilean Auto Importer Plans $200M Debt Cut In Ch. 11

By Rick Archer (April 12, 2021, 8:36 PM EDT) -- Chilean auto importer Automotores Gildemeister SpA has said it is preparing to file a prenegotiated plan to cut $200 million in debt in Chapter 11 with a New York bankruptcy court that is facing opposition from unsecured bondholders claiming the company is trying to "railroad" a cramdown of their claims....

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