date:Apr 07, 2013
orating, the board ... has decided to seekcreditor protection, Pescanova said in a statement to the marketregulator shortly after midnight April 6.
Pescanova, which catches, processes and packages fish on factoryships, is the latest in a growing list of Spanish companies whichhave been forced to the wall amid a deep and prolonged recession.The group's creditors, according to a banking source, includeSabadell, Caixabank, Popular, Santander, BBVA and Bankia.