Obrascon Huarte Lain (ES:OHLA) has released an update.
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Obrascon Huarte Lain has secured over 93% support from bondholders for its recapitalization plan, signaling strong creditor confidence in the company’s future. This majority allows OHL to proceed with consensual modifications to the bond terms, a move expected to enhance financial stability without resorting to coercive measures. The company plans to initiate a consent solicitation process to formalize these changes.
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