OHL Secures Bondholder Consent for Extension
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OHL Secures Bondholder Consent for Extension

Obrascon Huarte Lain (ES:OHLA) has released an update.

OHL’s subsidiary, OHL Operaciones, successfully obtained bondholder consent to extend payment deadlines and the maturity date of bridge financing related to its divestment in OHL Servicios Ingesan. The consent follows a previously published proposal and will affect senior secured bonds due in 2026, allowing for a coupon payment window from September 15 to October 18, 2024, and extending the bridge financing maturity to no later than March 31, 2025.

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