(Bloomberg) — German payments firm Wirecard AG was tipped into a full-blown crisis after disclosing it was unable to locate 1.9 billion euros ($2.1 billion) missing from its balance sheet.The company now faces a potential cash crunch and warned lenders could call in loans of as much as 2 billion euros after multiple delays to publication of an audited financial report.Read more: Wirecard Creditors Seek More Transparency Amid Talks About DebtThe company’s creditors are likely to organize and appoint advisers to try and negotiate a solution that gets as much as their money back as possible. Here’s how that may …read more
Source:: Yahoo Finance
