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Banks grant Elsa a transitional loan

Banks grant Elsa a transitional loan

In the insolvency proceedings over the assets of Elsa, the competent court today ordered a general prohibition of disposal. This means that the administration and disposal authority has been transferred to the preliminary insolvency administrator.

In an initial discussion with the representatives of the bank security pool, it was possible to ensure that Elsa is granted a transitional loan to maintain business operations. In the course of the coming week, the possibilities of a more extensive mass loan in connection with the lending banks will be explored.

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