In December, Lowell reached agreement with some bondholders to extend the maturity of its notes by three years, while repaying some of them in cash and reinstating another part as payment-in-kind debt ...

They include banks, but also funds Alinor Capital and Värde Partners on a sub-participation basis, some of the people said.

They include banks, but also funds Alinor Capital and Värde Partners on a sub-participation basis, some of the people said. Discussions are ongoing between the creditors, the company and bondholders ...