Nord Stream 2 may sell pipeline to pay debts.

The company Nord Stream 2 AG is considering selling the pipeline or restructuring to pay off debts to smaller creditors and protect the interests of major investors. A court in the Swiss city of Zug has granted additional deadlines for debt repayment, emphasizing that bankruptcy could jeopardize smaller creditors and significantly harm larger ones. The company initiated bankruptcy proceedings due to U.S. sanctions, and the deadline for settling debts with smaller creditors has been extended to May 9.