The Clearway Capital creditors' group has expressed skepticism over GZO Spital Wetzikon's recent property valuation, which includes a write-down of up to CHF 127 million. They argue that this move is intended to intimidate creditors ahead of the crucial meeting on October 25, 2024, where the repayment of a CHF 170 million bond will be discussed. The group believes their own valuation, supported by industry experts, indicates that sufficient value exists to satisfy all creditors in the event of liquidation.
