The Hard Felguera Actions They fell at 9.20 am on Thursday almost 4.2%, to 0,264 euros By title, after the State Society of Industrial Participations (SEPI) has required the Asturian company a restructuring plan.
After closing yesterday with a strong advance of the 12.2%, The shares of the engineering company ceded more than 4% in the stock opening of this Thursday after the meeting held yesterday by the Board of Directors with the SEPI.
Duro Felguera was “worried” after that meeting. As reported by company sources Europa Pressat the meeting it was explored with the SEPI the possibilities and viability alternatives for the company within the framework of the preoccup course «.
In addition, the possibility of directly requesting the Creditors Contestsince the term of the preoccourse expires on March 11.
Given this, the company has indicated that it is “very worried because time is exhausted and it is essential to achieve the necessary agility.”
On the other hand, the SEPI has asked for a Restructuring plan To ensure the viability of the company before talking about capitalizing the loan, as indicated by sources close to the Board of Directors of Felguera to Europa Press.
«That plan must be analyzed by shareholders. However, it should be noted that capitalizing the debt is not enough by itself, because it would not solve the company’s liquidity needs, ”they explained these same sources.
The Spanish engineering firm was on Tuesday confident that the SEPI, which has two seats in the Board of Directors of Hard Felguera, was going to formalize its decision today capitalize the debt of the Asturian.
The company, within the framework of its plan drawn after having requested the pre -conclusion of creditors on December 11, sees “essential” that the SEPI turns its debt into capital.
Specifically, the Governmentthrough the SEPIhe would have to turn the 120 million euros that “lent” in the middle of the pandemic, which would give him the majority of capital.
The Asturian requested the Pre -conclusion of creditors On December 11 before the courts of the commercial of Gijón in order to initiate a negotiation for the approval of a restructuring plan, which allowed its future viability and the conservation of the greatest number of possible jobs.
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