Further to the Strategic Development Plan 2018-2027, submitted the previous year, LARCO requested feasible solutions in order to manage the accumulated level of its liabilities, especially PPC’s unpaid invoices. For this reason, Kantor developed and presented a range of alternative scenarios that would potentially shrink the debt to PPC, taking into consideration other factors and implications as well.
- Providing support for the development of a workable Larco’s debt restructuring plan so that Larco can make a viable agreement with its lenders, which will then allow it to be funded without difficulty as well as fulfill its obligations,
- Ensure the alignment and cooperation of Larco’s shareholders to provide the necessary support on the basis of the Business and Strategic Plan,
- Briefing for the Ministry of Energy as well as negotiating positions with the EU institutions.
LARCO GMMSA GENERAL MINING & METALLURGICAL COMPANY