Ion Group Rules Out Restructuring $11bn Debt, Commits to Full Repayment

Key Facts

1Ion Group told creditors it has no plans to squeeze its $11bn debt pile and intends to pay back lenders in full.

Ion Group told creditors it has no plans to squeeze its $11bn debt pile and intends to pay back lenders in full. The Financial Times reported that the data firm behind Mergermarket and Dealogic reassured its creditors that it will not seek to restructure its significant debt load.

The statement from the group and Andrea Pignataro aims to address creditor concerns regarding the sustainability of the firm's high leverage following an aggressive acquisition strategy. This commitment to full repayment is intended to reduce credit risk concerns for the major institutional lenders involved.