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Inmobiliaria Colonial Seeks Bond Terms Alignment

Inmobiliaria Colonial Seeks Bond Terms Alignment

Inmobiliaria Colonial (ES:COL) has released an update.

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Inmobiliaria Colonial is proposing amendments to the terms of its 2028 and 2029 Bonds to align with European market standards and simplify financial definitions, enhancing traceability of its consolidated statements. The company has initiated a consent solicitation for bondholders to approve these changes, offering a commission for early consent ahead of the July 8, 2024 deadline.

For further insights into ES:COL stock, check out TipRanks’ Stock Analysis page.

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