Obrascon Huarte Lain (ES:OHLA) has released an update.
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Obrascon Huarte Lain (OHLA) has initiated a Consent Request process to modify terms and conditions of its senior secured notes, aiming to implement a Recapitalization plan. The plan, supported by over 93% of noteholders, involves partial amortization and necessary document approvals to facilitate restructuring. This strategic move seeks to secure financial stability and align with commitments made under a Lock-Up Agreement.
For further insights into ES:OHLA stock, check out TipRanks’ Stock Analysis page.
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