Obrascon Huarte Lain (ES:OHLA) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Obrascon Huarte Lain’s subsidiary, OHL Operaciones, is seeking consent from bondholders to temporarily delay interest payments on its senior secured notes as it negotiates a lock-up agreement with key stakeholders. The company aims to secure a waiver until November 15, 2024, in an effort to finalize a recapitalization plan. This move highlights ongoing efforts to stabilize the company’s financial position amidst challenging market conditions.
For further insights into ES:OHLA stock, check out TipRanks’ Stock Analysis page.