UPDATE 1-Schefenacker debt plan delays restructuring vote

Newswire

(Rewrites with company confirmation, more details) By Elena Moya LONDON, March 30 (Reuters) - German auto-parts maker Schefenacker [SCHE.UL] delayed a creditors vote on Friday after unveiling a new debt restructuring plan that is more likely to be accepted by bondholders. The new plan, to be voted on before May 4, gives bondholders 7.5 million euros ($10.01 million) in cash and offers two warrants that, if exercised, could give bondholders as much as 15 percent of the company, compared ...

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