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Struggling Dutch firm Ebusco restructures loans, signs €39M energy deal as CEO and ad interim CFO exit

  • Netherlands-based Ebusco, a motor vehicle manufacturing company, restructures loans and signs a €39M energy deal.
  • Ebusco has shifted to an outsourced manufacturing model under the Original Equipment Design approach and has made changes in its management team.
  • The company has reached debt restructuring agreements with Heights Capital Management and Kabuto Technology Co., Ltd., with loan conversions aimed at reducing debt.
  • Christian Schreyer stepped down as CEO citing health reasons, and interim CFO Mark de Haas also left after restructuring loans.

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