Codere defaults on interest repayment

15th January 2014 7:08 am GMT | Last updated: 13th July 2020 Codere defaults on interest repayment
Spanish gaming group Codere has admitted that it will be unable to make a coupon payment on a Euro bond dated December 15th 2013, despite having already delayed the repayment. The operator explained that due to the company’s current circumstances and ongoing negotiations to refinance its €1.2bn debt, it has decided not to provide its […]