Tag Archives: Alejandro Rodino

The board of Grupo Codere has informed investors that its plans to initiate additional liquidity financing of €100m have been temporarily postponed. The decision has been approved by Codere bondholders, who in April permitted corporate governance to pursue new financing options seeking €100m to assist Codere units in overcoming short-term financial pressures due to rising operating costs. Consequently, bondholders will …

Grupo Codere has notified investors that it must raise €100m in capital as the heritage Spanish gambling firm “finds itself in a probable insolvency situation”.  Yesterday, Codere published an updated ‘reorganisation and refinancing plan’, outlining that a request for €100m liquidity financing to be added to the board’s ongoing ‘2023-to-2027 recovery programme’. Codere maintains that it has achieved the initial …

Nueva Codere has declared that it is on course to match its ‘pre-pandemic’ financial performance as the Spanish and LatAm gambling group begins to benefit from its corporate restructuring.  Trading in its new identity, following its delisting from the Madrid Bolsa and the demerger of the Codere Online unit – Nueva Codere has announced that it has achieved corporate revenues …

Vicente Di Loreto has chosen to end his leadership tenure as Chief Executive of Spanish gambling group Codere.  This morning, Nueva Codere – the business identity of Grupo Codere SA under the ownership of bondholders – published a leadership succession plan informing the market that Di Loreto would be replaced by the new leadership duo of Alberto González del Solar …