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KordaMentha Restructuring appointed as Voluntary Administrators of Arrium Limited

KordaMentha Restructuring partners Mark Mentha, Martin Madden, Cassandra Mathews and Bryan Webster have tonight been appointed as Voluntary Administrators of Arrium Limited and its 93 Australian subsidiaries.

Insights KordaMentha Restructuring appointed as Voluntary Administrators of Arrium Limited
Tuesday, 12 April 2016

The appointment was a result of the aligned interest and co-operation between the unions, the four major Australian banks, the overseas banking syndicate and US noteholders.

Mark Mentha said it would be “business as usual” for the $5 billion mining giant. KordaMentha Restructuring will continue to work closely with the companies, employees, unions, financiers, suppliers, State and Federal Governments to restore confidence to all of Arrium’s businesses, both in Australia and overseas.

For more information, please contact: 

Media inquiries:
Michael Smith – (03) 9440 9387 or 0411 055 306

Creditors:
Please refer to Creditor Information for the Arrium Group of Companies.