martinsafadesa refinancing
Anyone got good spanish?............have a look at the website for said company under 'press releases'.......from the economist dated 18th March.....seems to explain the figures...........this is their attempt to dispel fears..........seems that they had an extra 'bridging loan' of 25% to buy fadesa out which is what caused the problem.....plus another large main loan of 56%...........we'll soon know the real extent of the problem I guess....
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