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Published on 2/14/2014 in the Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

Codere Luxembourg will not get funds for Feb. 17 dollar bond payment

By Caroline Salls

Pittsburgh, Feb. 14 - Codere SA agreed not to give Codere Finance Luxembourg, SA the funds needed to make the Feb. 17 interest payment on its dollar bond, according to a news release.

Codere said it will make use of a 30-day payment grace period.

Codere is a Madrid-based gaming company.


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