The Sepi subjects the rescue of Celsa to reducing the debt by 1,200 million

The group and its creditors open negotiations against the clock to reach an agreement and make effective the financing of 550 million by the holding company. The owners will contribute 50 million.

Sepi’s approval of the largest bailout of its solvency fund, the injection of 550 million euros into Celsa, leads the steel company and its creditors to reach an agreement on debt restructuring before June 30

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