Deoleo refinances its debt after securing support from CVC and Alchemy in case of losing its millionaire litigation in Italy
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4 Articles
The company has indicated to the National Securities Market Commission (CNMV) that "the main objective of this agreement is to regulate the main terms under which these financial creditors have agreed, in relation to the total refinancing of the Group's existing debt, signed under the senior financing contract dated June 24, 2020, the junior financing contract dated June 24, 2020, and the super senior financing contract dated May 10, 2024."
Deoleo, the leading producer of olive oil, has taken an important step by signing a binding agreement with JP Morgan and BlackRock to refinance their debt of 160 million euros. This operation seeks to stabilize the financial situation of the company and is expected to be formalized during the first quarter of this year. Details of the agreement and its financial impact The refinancing plan will be carried out in three tranches: one of 35 million…
Agrees with creditors to refinance the debt in three tranches, with a maturity of four years. More information: Moody's degrades Deoleo's rating for a million-dollar Italian court claim and adds doubts to its refinancing
The Spanish oil producer Deoleo, owner of teachers such as Carbonell, Bertolli and Hojiblanca, has taken one more step to shore up its debt structure, on which it...
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