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- Nordics Property Breakfast
31 May 2012
Frankfurt am Main, Germany
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- Property Debt Breakfast
20 June 2012
London
Reyal Urbis proposes widening 2013 debt moratorium to E4.8bn
Spain's listed Reyal Urbis has proposed to around 50 creditor banks a moratorium on its entire E4.8bn debt until 2013, extending an agreed plan on the syndicated loan of E3bn Reyal used to finance the purchase of Urbis in 2006. The proposal would effectively leave Reyal Urbis in a state of operational hibernation, which the company considers needs finance of E150m up to 2013.