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Eroski prepares a new refinancing after the sale of Caprabo | Companies

Sumary of Eroski prepares a new refinancing after the sale of Caprabo | Companies:

  • After the refinancing agreed in 2019, the supermarket chain negotiates the sale of Caprabo and its stores in the Balearic Islands…
  • The supermarket chain has been trying for several months to sell the Caprabo supermarket banner, which it acquired in 2007 for 1.3 billion euros…
  • This has increased the appetite for food companies, which have shown unparalleled resilience over the past year…
  • Upon completion of the sale of Caprabo – where Eroski intends to divest itself of a minority stake to maintain the purchasing center – the company will be able to go proudly to its debtors…….

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