Pescanova offers lenders up to 65% of shares in new debt plan
date:Mar 21, 2014
ding to the March 4 filing.

Protecting Spanish Units

Pescanovas Spanish units will seek creditor protection by April 10 as part of the restructuring plan, according to a letter from the companys court-appointed administrator Deloitte LLP included in the revised plan.

Pontevedra, Galicia-based Pescanova borrowed from more than 100 lenders, including Banco Sabadell SA, Banco Popular Espanol SA, CaixaBank SA, Banco Bilbao Vizcaya Argentaria SA, Bankia SA and NCG Banco SA, according to a list of
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07/29 08:41