Duro Felguera Secures Creditor Agreement for Restructuring Extension

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Duro Felguera Secures Creditor Agreement for Restructuring Extension

Duro Felguera ( (ES:MDF) ) has provided an update.

Duro Felguera has filed for an extension of its pre-bankruptcy negotiations for an additional three months, as part of its restructuring process. The company has secured the agreement of 96.5% of its creditors, which is crucial for its ongoing financial restructuring efforts.

More about Duro Felguera

Duro Felguera is a company involved in various industrial sectors, including energy storage, green technology, heavy boiler making, oil and gas, and intelligent systems. The company operates through several subsidiaries, focusing on providing specialized engineering and construction services.

YTD Price Performance: 26.46%

Average Trading Volume: 3,625

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €59.17M

See more data about MDF stock on TipRanks’ Stock Analysis page.

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