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Naviera Armas-Trasmediterránea and the bondholders
Mar 29 2021
FinanceThe Spanish newspaper ‘Cinco Días’ has reported that the bondholders have agreed to finance Naviera Armas with a further EUR 160 million, but this includes the EUR 28 million injected in December – and spent, EUR 60 million to be used to repay the short-term loans from the capital venture funds HPS and Apollo, with the balance to be used to improve the group’s liquidity.
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