PropertyEU

Colonial seals EUR 7bn debt restructuring deal

By A staff reporter 2008-09-16T00:00:00

Spanish real estate company Colonial has reached a binding agreement with its banks to restructure its EUR 7 bn mountain of debt. In a statement on Monday, the company said that banks Calyon, EuroHypo, Goldman Sachs and Royal Bank of Scotland have agreed to extend the maturity date on a ...

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