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4 years ago
Spain's Codere says will not make Jan. 15 bond coupon payment
January 14, 2014 / 5:36 PM / 4 years ago

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

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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)

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