© Philippe Holthof
Naviera Armas renegotiates with bondholders
dec 04 2020
FinanceThe Spanish ferry group Naviera Armas has issued a press release confirming that talks with bondholders are advancing well. They have reached a “standstill” agreement with 72% of the bondholders, within the 30-day grace period which commenced when the ferry group announced it was unable to pay due interest on the bonds.
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