Honsel to complete refinancing within weeks-sources

Newswire

By Elena Moya LONDON, Feb. 26 (Reuters) - Troubled German auto-parts maker Honsel International Technologies is expected to complete a refinancing within a few weeks, after receiving additional investment from private equity sponsor Ripplewood Holdings, sources familiar with the situation said. Ripplewood is expected to put about 30 million euros ($39.5 million) in cash into the business, while another 30 million euros are expected to be made available to the company as a guarantee, one ...

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