Clock ticking for Codere as it defers Thursday coupon payment

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Clock ticking for Codere as it defers Thursday coupon payment

Owen Sanderson
April 28, 2020 04:15 PM
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Spanish gaming company Codere will miss a coupon payment due on Thursday, hoping that the 30 day grace period in its bond documents will give it time to find at least €100m of emergency financing to get it through the liquidity crunch.

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