La Seda

La Seda plans additional 15 million Euros revenues

The Catalan company, whose vice presidence is in charge of Carlos Gila Lorenzo, it has reached a business agreement with food company Leche Pascual. This alliance will allow La Seda to increase revenues by 15 million euros.

La Seda plans additional 15 million Euros revenues2019-03-22T19:21:40+01:00

Carlos Gila Lorenzo: new Vice President of “La Seda Barcelona”

The senior advisor Carlos Gila Lorenzo, representative of the company Inverland Dulce S.R.L., has given the position of Vice President of the international company specialized in processing and recycling of chemical products.

Carlos Gila Lorenzo: new Vice President of “La Seda Barcelona”2019-03-22T19:22:36+01:00

Caixa Geral gives La Seda a €371 million loan

The Portuguese bank Caixa Geral have supported the restructuration of La Seda by giving a loan of 371 million euros. This credit has been approved in 2008 but the catalan company’s status paused the loan until today.

Caixa Geral gives La Seda a €371 million loan2019-03-22T19:22:54+01:00

La Seda´s Scheme of Arrangement. From Debtwire.

La Seda’s Scheme of Arrangement process kicked-off today; single lender class meeting on 21 MayAn open court hearing for La Seda de Barcelona’s Scheme of Arrangement took place this morning (30 April) at the English High Court. Presiding Judge Justice Newey gave his endorsement to implement a debt restructuring via a UK Scheme of Arrangement, subject to approval from 75% of lenders, after that the company’s counsel, instructed by Freshfields – legal representatives to the Spanish petrochemicals derivatives group – briefly outlined the plan.

La Seda´s Scheme of Arrangement. From Debtwire.2019-03-22T19:23:21+01:00