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Abanca moves to 97% stake in Pescanova with over €542m debt capitalization

Spanish lender Abanca is capitalizing €542m in debt in Nueva Pescanova to move to 97% control of the aquaculture, fishing and processing company

By Tom Seaman | Feb. 23, 2021 13:49 GMT
Credit: Grupo Nueva Pescanova
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Spanish lender ABANCA Corporación Bancaria is capitalizing €542 million in debt in Grupo Nueva Pescanova to move to 97% control of the aquaculture, fishing and processing company.  [...]

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