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Eroski Reaches Agreement with Banks to Restructure Debt
date:Aug 04, 2014
Spanish retailer Eroski has reached an agreement with its main financial creditors to restructure its debt of 2.6 billion by 2019. The deal demonstrates that the banks fully support the companys business model and clarifies the company's financial situation for the next few years.

The agreement was signed with the eight main financial entities that account for over 85 per cent of the companys bank debt and has also been shared with the other entities that make up Eroski's banking pool.

Eroskis

12/21 21:50