Credit Rating Agency S&P Global has Downgraded Codere for the Fourth Time in Eight Months

For the fourth time in eight months, credit rating agency S&P Global has demoted Codere credit rating to CCC. This is after claiming that the operator is at serious risk of non-payment of its debts in the coming six months. This puts pressure on liquidity and agreements with creditors. The agency also noted that there […]

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Source: Credit Rating Agency S&P Global has Downgraded Codere for the Fourth Time in Eight Months