Eurotunnel meets with subordinated creditors before Wednesday negotiation deadline

By Caroline Salls

Pittsburgh, July 7 - Eurotunnel SA met with its subordinated creditors Friday regarding negotiations for its financial restructuring plan and set another meeting for Tuesday in anticipation of the Wednesday negotiation period expiration date, according to a company news release.

According to the release, Eurotunnel put new ideas to the creditors designed for their category of debt and compatible with the preliminary financial restructuring plan between the group and its principal creditors.

Eurotunnel is the Paris-based operator of the Channel Tunnel.

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