Obrascon Huarte Lain (ES:OHLA) has released an update.
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Obrascon Huarte Lain (OHL) has reached an agreement with bondholders and financial entities to support a recapitalization plan aimed at enhancing its financial stability. This plan involves modifying the terms of its senior secured bonds and implementing a capital increase to reduce debt and strengthen its capital structure. The company is seeking bondholder consent for these changes, with incentives offered for early adherence to the agreement.
For further insights into ES:OHLA stock, check out TipRanks’ Stock Analysis page.