Construction group winds down after Greensill collapse scuppers refinancing
Katerra's factory operations: preparing building blocks for assembly on site (Credit: Katerra Chapter 11)
A prefabricated construction company and former Greensill client with factories in the US, India and Saudi Arabia has entered Chapter 11 in Texas to sell off its assets and wind down, with the help of a US$35 million debtor-in-possession promissory note from a UK-based Softbank entity.
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