Spain's Codere says will not make Jan. 15 bond coupon payment

MADRID Tue Jan 14, 2014 12:33pm EST

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MADRID Jan 14 (Reuters) - Spanish gaming group Codere said on Tuesday it would not make a interest payment due on Jan. 15 this year on a 2015 bond issue, adding that it was continuing debt restructuring negotiations with creditors.

The company sought protection from creditors and started talks to avoid insolvency earlier in January. (Reporting by Sarah White, Editing by Julien Toyer)