Riofisa In Talks With Creditors On €400 Mn Debt

12/01/2014 – Expansion

The shopping mall king Riofisa has filed for pre-arrangements with creditors as its debt reached €400 million.

The company, formerly belonging to Asentia – the old ‘bad bank’ of Colonial – is presently controlled by Eneas and Mainspring.

Riofisa has four months to negotiate with the lenders and agree upon a payment scheme. Currently, the group owns the Plaza de Armas (Sevilla), the Vialia (Salamanca) and the Aqua Magica (Palma de Mallorca) retail parks. The last is found under construction (the project pictured).

 

Original story: Expansión

Translation: AURA REE

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