Abengoa Abenewco Achieves A New Extension Of Debt Maturity Period Until November 19

Abengoa Abenewco achieves a new extension of the debt maturity period until November 19. It is waiting to receive support from the Relief Fund.

Abengoa Abenewco has obtained a new authorization from the creditor entities to extend to November 19 the maturity of the MN2 debt instruments, subject to certain conditions, and which ended this Friday, October 29.

This has been reported by the company to the National Securities Market Commission (CNMV) in relation to the syndicated liquidity line contract signed on March 17, 2017 and renewed with modifications on April 25, 2019 and some bond issues issued on March 17, 2017.

With this new debt maturity period, the company seeks a little more oxygen in its objective of reaching a viability path, while waiting for the support of the Aid Fund for companies with solvency problems.

Abengoa Abenewco achieves a new extension of the debt maturity period until November 19. It is waiting to receive support from the Relief Fund.

Abengoa Abenewco has obtained a new authorization from the creditor entities to extend to November 19 the maturity of the MN2 debt instruments, subject to certain conditions, and which ended this Friday, October 29.

This has been reported by the company to the National Securities Market Commission (CNMV) in relation to the syndicated liquidity line contract signed on March 17, 2017 and renewed with modifications on April 25, 2019 and some bond issues issued on March 17, 2017.

With this new debt maturity period, the company seeks a little more oxygen in its objective of reaching a viability path, while waiting for the support of the Aid Fund for companies with solvency problems.

Sam Brad

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