Eircom creditors to vote on debt plan
The examiner appointed to the telecommunications company, last month, Michael McAteer of Grant Thornton, said yesterday he has recommended an arrangement based upon proposals put forward by senior lenders. He said no other proposal will be considered, as he has signed the implementation agreement.
“This is an important step in the process which will hopefully allow Eircom, Meteor and Irish Telecommunications Investments to successfully exit the examinership process in the coming weeks,” said Mr McAteer.
