The creditor banks of Spanish property company Colonial may end up controlling nearly 90% of the troubled real estate developer if they sign a refinancing agreement currently under negotiation, Spanish financial paper Expansion has reported.
The creditor banks of Spanish property company Colonial may end up controlling nearly 90% of the troubled real estate developer if they sign a refinancing agreement currently under negotiation, Spanish financial paper Expansion has reported.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.