The descent of the former Rijk by René Benko continues: with the Signa Prime Capital Invest, another company of the Signa Group is temporarily sliding bankrupt. With obligations of 310 million euros, she registered bankruptcy.
In Signa Prime Capital Invest, the Signa Group bundled a considerable part of the Germany portfolio and Austrian and Italian assets, the KSV1870 Credit Protection Association on Friday. This also includes co -ownership in the Postparkasse.
Processing failed
In addition to the outstanding stands of 310 million euros, there should still be subordinate obligations of 427 million euros, but this will not be taken into account in the bankruptcy procedure.
According to the creditor Protectors, the handling of the debtor failed because there were further creditors positions compared to insolvency companies in the real estate group. This led to discussions and legal uncertainty, so that ultimately only the bankruptcy remains. About 28 creditors are affected by the bankruptcy. Georg Freimüller was appointed insolvency manager.
Source: Krone
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