Obrascon Huarte Lain (ES:OHLA) has released an update.
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Obrascon Huarte Lain has announced through its subsidiary, OHL Operaciones, S.A.U., a request for bondholders’ consent to temporarily waive certain rights, allowing a coupon payment delay as negotiations continue for a potential operation to stabilize the company’s capital structure. The bond issue in question is the Split Coupon Senior Secured Notes due 2026, and bondholders have until October 3, 2024, to respond to the consent solicitation memorandum.
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