We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Grey euro

17 November 2014 By Fiona Maharg-Bravo

Shares in Spanish renewables group Abengoa tanked last week amid confusion about a subsidiary’s debt that was variously “recourse,” “non-recourse” and “guaranteed.” The company has now clarified the situation. Issuers this reliant on the debt markets can’t afford such botches.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)