Eroski Reaches Agreement with Banks to Restructure Debt
date:Aug 04, 2014
new financial structure provides a sustainable solution for the next few years and is in line with the companys ability to generate recurrently positive EBITDA, which has held up well at around 250-300 million per year, in spite of the recession and the drop-off in consumption.

Eroski president Agustn Markaide considers the refinancing agreement a very positive development, saying that it, represents the start of a new phase for the cooperative, which will be able to take on the challenges def
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