Reyal Urbis' main creditors make debt refinancing offer

By A staff reporter 2009-12-21T00:00:00

Reyal Urbis' major creditors have made an offer to restructure the debt-laden Spanish real estate developer's EUR 4.8 bn of debt, Dow Jones reported, quoting a financial source close to the process. Reyal must agree to the creditors' conditions outlined in a term sheet which has been agreed by 10 ...

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