MPC Containers facing ‘risk of potential bankruptcy’
A new $15m equity injection and up to $7m through asset sales and/or payment-in-kind interests are some of the things MPC Containers believes need to happen to keep the company going. It warns that if its plan does not go through, there is a risk of bankruptcy
Feedership owner wants to amend terms of a $200m bond as it nears breach of minimum liquidity covenant