June 5, 2019
Spanish business news source El Confidencial reports that the governance of Grupo Codere SA has sanctioned investment bank Credit Suisse to lead its corporate refinancing, as the Bolsa Madrid gambling group reviews its South American options. The Swiss multinational bank is reported to have been given a two-fold mandate by Codere governance, being ordered to raise capital for new expansion …
Read More »April 7, 2016
Embattled Spanish gambling operator Grupo Codere SA (Codere) has issued a new share capital increase valued at circa €494 million (£400 million). Executing its share issue with Spain’s National Securities Market, Codere will approximately release 2.47 billion shares at a value of € 0.20c (per share). Codere’s share distribution will be primarily used to offset its current + €1 billion …
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