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Iberconsa faces serious debt refinancing challenges amidst inflation, weak fish sales

The Spanish firm, owned by US-based fund Platinum since 2019, needs to refinance debt of around €400m in the short term

By Undercurrent News | July 25, 2023 14:31 BST
Iberconsa's stand at the Boston seafood show, March 2023.
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Vigo, Spain-based company Grupo Iberica de Congelados (Iberconsa), owned by US-based fund Platinum Equity since March 2019, is facing a delicate financial situation due to rising inflation and declining fish sales, reports El Confidencial.  [...]

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