GZO AG Faces Allegations of Abusive Conduct by Creditors

The creditor group, led by Clearway Capital GmbH, which holds 6.56% of GZO AG's defaulted 1.875% June 2024 bonds, has announced new findings. In their presentation, the group accuses GZO AG of abusive behavior that aims to harm creditors. The detailed presentation of GZO's assets is available on their website.

This revelation comes as part of continuing tensions between the company and its creditors. The creditor group insists these actions are detrimental and questionable. They urge interested parties and stakeholders to view the presentation for a clearer understanding of the claims.