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Wednesday, April 17, 2024

SPB counsels banks on Grupo Alimentario Copese’s debt restructuring

Squire Patton Boggs has advised a syndicate of banks on the debt restructuring arrangements of Grupo Alimentario Copese

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Squire Patton Boggs has advised a syndicate of Spanish and international banks and financial institutions on the consensual restructuring plan and related debt rescheduling arrangements of Grupo Alimentario Copese and its affiliates. Grupo Alimentario Copese is a leading food production company that develops and produces pork selection, breeding, feed, cutting, and manufacturing of sausages, meat and cured Iberian products. They offer their customers and clients quality products, with a focus on innovation and strict quality standards.

The transaction involved a debt restructuring proceeding and the granting of new credit lines.  The team was led by Madrid office finance partner Manuel Mingot, legal director José Luis Iriarte and associate David Calleja. Norgestion acted as financial advisor in the transaction and provided credit advisory. PradaGayoso acted as legal counsel for the borrower.

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