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Prospect News home > News index > List of issuers C > Headlines for Codere SA > News item
Published on 5/23/2014 in the Prospect News Bank Loan Daily, Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

Codere enters standstill agreements with creditors that expire Tuesday

By Angela McDaniels

Tacoma, Wash., May 23 - Codere SA has put into place new standstill agreements with its creditors that will last until 5 p.m. ET on May 27, according to a company announcement.

The company said it expects to continue discussions with its creditors and representatives during the standstill period in order to achieve an agreement.

On May 14, the company announced three new standstill agreements with all of its lenders and bondholders. Those agreements ran through May 20.

Codere is a Madrid-based gaming company.


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