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Abengoa Obtains A New Credit Line Extension And Debt Issuance

Abengoa obtains a new credit line extension and debt issuance. Abengoa has obtained from the creditor entities a new extension of the expiration date of a syndicated liquidity line contract and a bond issue, both from March 2017, until next September 24.

The multinational infrastructure, energy and water company has informed the National Securities Market Commission (CNMV) of the new extension – subject to conditions – of the expiration date of the NM2 liquidity contract that it signed on March 17, 2017, and that it was modified in April 2019, and of the NM2 bonds issued also in March 2017.

Abengoa, with the powers of its board of directors suspended by the judge , is in bankruptcy and waiting for its rescue to be authorized through the Solvency Fund for Strategic Companies managed by SEPI.

Abengoa obtains a new credit line extension and debt issuance. Abengoa has obtained from the creditor entities a new extension of the expiration date of a syndicated liquidity line contract and a bond issue, both from March 2017, until next September 24.

The multinational infrastructure, energy and water company has informed the National Securities Market Commission (CNMV) of the new extension – subject to conditions – of the expiration date of the NM2 liquidity contract that it signed on March 17, 2017, and that it was modified in April 2019, and of the NM2 bonds issued also in March 2017.

Abengoa, with the powers of its board of directors suspended by the judge , is in bankruptcy and waiting for its rescue to be authorized through the Solvency Fund for Strategic Companies managed by SEPI.

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