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Published on 5/28/2014 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 June 4

By Caroline Salls

Pittsburgh, May 28 - Codere SA put in place new standstill agreements with its creditors that expire on June 4, according to a news release.

The company said it expects to continue discussions with all creditors and its representatives during this standstill period in order to achieve a consensual agreement.

The standstills were previously scheduled to expire at 5 p.m. ET on May 27.

Codere is a Madrid-based gaming company.


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