Reuters: Bankruptcy News: BRIEF-CEDC gets restructuring plan from A1-led consortium

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BRIEF-CEDC gets restructuring plan from A1-led consortium Mar 21st 2013, 20:29 March 21 | Thu Mar 21, 2013 4:29pm EDT March 21 (Reuters) - Central European Distribution Corp : * Sent new restructuring proposal from a1-spi-kaufman consortium - a1 statement * A1-led consortium offers $280 million in cash, $650 million in new debt to restructure Central European Distribution Corp * A1-led consortium would receive 100 percent of reorganized equity in Central European Distribution Corp * A1 consortium restructuring plan for Central European Distribution Corp would be implemented through ch. 11 bankruptcy

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