Chemical Firm Arxada Gets Key Lender Support for Debt Extension

Specialty chemical firm Arxada AG won the support of key creditors in its bid to delay debt repayments, as the broader industry faces stress from rising energy prices and subdued...

By Giulia Morpurgo, Libby Cherry · Bloomberg Markets

Specialty chemical firm Arxada AG won the support of key creditors in its bid to delay debt repayments, as the broader industry faces stress from rising energy prices and subdued demand.