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Published on 6/9/2014 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 11

By Kali Hays

New York, June 9 – Codere SA put in place new standstill agreements with its creditors that are set to expire at 11 p.m. ET on June 11, according to a news release from the company.

During the standstill period, the company will continue negotiations with representatives of the different parties involved in its restructuring.

The standstills previously expired at 11 p.m. ET on June 6.

Codere is a Madrid-based gaming company.


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