The judge rejects the precautionary measures requested against the refinancing of Prisa
6 Articles
6 Articles
Madrid's 18th Commercial Court has rejected the imposition of precautionary measures against the refinancing agreement reached at the end of March between Prisa, the publishing company of EL PAÍS, and its creditors PIMCO and Barclays, as well as against the capital increase linked to it. The order, dated Monday, rejects all the arguments presented by the plaintiffs, Andrés Varela and Global Alconaba, a company that owns 7.076% of the company's c…
The Madrid Court of the Mercantile number 18 has given reason to Joseph Oughourlian, president and first shareholder of Prisa, and has refused to apply precautionary measures against refinancing approved by the company's board at the end of March, as requested by the Spanish shareholders critical of the French investor.In an order issued on May 5, the judge accepts Oughourlian's arguments and denies that precautionary measures are necessary agai…
The car points out that there is a "fairness" in the refinancing that the editor of El País and Cadena Ser wants to approve. More information: Those related to the government in Prisa request the "precautionary suspension" of the refinancing agreement closed by Oughourlian
The 18th Commercial Court of Madrid has rejected applying precautionary measures against the refinancing agreement of Prisa, as claimed by Global Alconaba, the group of shareholders led by Andrés Varela Entrecanales and José Miguel Contreras, who control 7% of Prisa. Read
The Mercantile Court number 18 of Madrid has rejected the request for precautionary measures requested by Andrés Varela Entrecanales and his company Global Alconaba against the refinancing of Prisa agreed with the US fund Pimco, giving the reason to the president of the company, Joseph Oughourlian. “The proposed refinancing was not tempestuous, and responds to a reasonable need of the society”, concludes Judge Lucía Martínez Orejas, in a letter …
Madrid’s 18th Commercial Court rejected Monday the precautionary measures requested by the minority shareholder of Prisa, Global Alconaba, to try to paralyze the debt refinancing agreement, which shields Joseph Oughourlian as president.
Coverage Details
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
