PIE Events
- Nordics Property Breakfast
31 May 2012
Frankfurt am Main, Germany
Upcoming Events
- Property Debt Breakfast
20 June 2012
London
Spain's Metrovacesa wins UK debt rejig approval
Madrid listed RE group Metrovacesa has won approval from the British High Court to refinance its syndicated debt, signed under a scheme of arrangement in the UK that requires only 75% creditor approval as opposed to 100% needed under Spanish law. Exchange regulator CNMV said the firm has secured refinancing approval from 95.2% of creditors. Its shares rose 7% on the news.