Abengoa SA lined up international investors including Elliott Management Corp., KKR Co. LP and Oak Hill Advisors LP to inject as much as 1.8 billion euros ($2 billion) of new liquidity to help the renewable energy producer avoid insolvency.
The investing companies together with Attestor Capital LLP, Centerbridge Partners LP, D.E. Shaw & Co. and Varde Partners LP have been working with Abengoa with a view to acting as anchor investors for the new money facility, and their intention would be to provide the company with new loans, Abengoa said Wednesday in a regulatory filing.
Abengoa, which is under preliminary creditor protection, is stepping up efforts to win support from its lenders after reaching an agreement with its main creditors las…
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