Finance
BayWa Says Court Confirms Restructuring Plan
Published by Global Banking & Finance Review®
Posted on June 6, 2025
1 min readLast updated: January 23, 2026
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Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on June 6, 2025
1 min readLast updated: January 23, 2026
Add as preferred source on GoogleBayWa's restructuring plan, approved by a Munich court, includes job cuts and a capital increase to tackle rising borrowing costs.
(Reuters) -German agricultural supplies trader BayWa said on Friday its restructuring plan was confirmed by a Munich court, after it was approved by investors and creditors.
The restructuring plan is to be implemented as soon as the confirmation becomes legally binding, the company added.
The Munich-based trader of farming supplies and produce has been grappling with rising borrowing costs, forcing it to embark on a restructuring, including job cuts.
BayWa said in May that around 300 affected creditors agreed to an extension of loans until the end of 2028, as well as a capital increase of up to 201.6 million euros ($230 million).
($1 = 0.8763 euros)
(Reporting by Tristan Veyet in Gdansk, editing by Ludwig Burger and Thomas Seythal)
The Munich court confirmed BayWa's restructuring plan after it was approved by investors and creditors.
BayWa has been grappling with rising borrowing costs, which forced the company to embark on a restructuring that includes job cuts.
Around 300 affected creditors agreed to extend loans until the end of 2028 and a capital increase of up to 201.6 million euros ($230 million).
The restructuring plan will be implemented as soon as the confirmation becomes legally binding.
The article was reported by Tristan Veyet in Gdansk, with editing by Ludwig Burger and Thomas Seythal.
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