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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.

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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.

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

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