Abengoa presents its Business Plan and Financial Restructuring Proposal

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Abengoa presents its Business Plan and Financial Restructuring Proposal

Abengoa will hold a conference call on Wednesday, March 16th 2016 at 3:30 pm Madrid time, 9:30 am New York time, to provide all lenders with a general overview of the business plan and the proposed financial restructuring plan.

The company financial advisors are Alvarez & Marsal and Lazard, while the creditors’ financial advisors are KPMG and Houlihan Lokey.

The company has recently reported that the numbers to access its Business Plan and Financial Restructuring Proposal call are:

  • UK: +44 (0) 2070756543
  • USA: +18662866998

In November 2015 Abengoa initiated pre-insolvency proceedings after Gonvarri Steel Industries decided not to make a planned up to €350 million (US$389.5 million) investment in the company. The firm is currently protected under the Spanish Insolvency Law for up to four months.

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