ECB Trapped: Steinhoff Liquidity Collapses As Lenders Pull Credit Lines
December 19, 2017 at 11:51 AM EST
Steinhoff revealed that it had outstanding debt of 10.7 billion euros ($12.7 billion) as of Dec. 14, the slide below revealed. Almost 4.8 billion euros of that was in Steinhoff Europe AG, an operation based in Austria.
