The Corner

Abengoa reaches agreement with main creditors who did not accept the plan to refinance its existing debt with a new bond issue

Abengoa tries to issue debt to put an end to the dispute with some creditors It seems Abengoa has reached an agreement with its main creditors who did not accept the plan (Liberty, Zurich and Exim US) to refinance its existing debt with a new bond issue under the same economic terms as the former senior debt but with a maturity date of six months earlier (up to March 2022).

The delay in forming an Italian government is not surprising but the market’s cool reaction to Italy’s political uncertainty was
http://thecorner.eu/news-europe/%ef%bb%bf%ef%bb%bfwill-markets-remain-cool-about-italy/72908/ …

Will markets remain cool about Italy? Two months after the general elections, Italy continues to be in a political deadlock. In fact, president Mattarella considers new elections in July a possibility if a "truce government" has no majority in Parliament.

“Spain is not just an exporting country, but an investor abroad", says Carlos Espinosa de los Monteros, High Commissioner for the Spain Brand (Marca España).

"Spain is not just an exporting country, but an investor abroad" Spain is not just an exporting country, but also one which invests abroad. One thing is that they buy your merchandise abroad and another that you install your factories in other countries.