Rayet’s Plan To Emerge From Bankruptcy

16 April 2015 – Expansión

The parent company of the real estate group, Rayet, has sold its 1.36% stake in Quabit, as part of its feasibility plan to emerge from the bankruptcy process, which now has the support of 71% of its creditors. Rayet filed for bankruptcy at the end of 2012 with debt of €600 million.

Original story: Expansión

Translation: Carmel Drake

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