Pescanova gets EUR 56m lifeline


SeafoodSource staff

Published on
June 27, 2013

Indebted Spanish fishing firm Pescanova, which filed for insolvency in April, said on Friday it had obtained a EUR 56 million (USD 73 million) syndicated loan to cover its urgent financing needs.

Spain's largest banks were all involved in the syndicate, it said in a regulatory filing.

Click here to read the full story from Reuters >

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