Radar > 268314

Isolux's creditors in Brazil approve Judicial Reorganization Plan of the company

Grupo Isolux tem plano de Recuperação Judicial aprovado por credores no Brasil

Intel ID : 268314
Sinopsis
(versión en inglés)

Creditors of the Isolux Group in Brazil (Corsan-Corviam, Isolux Ingenieria do Brasil, Isolux Projetos e Instalações, Isolux Projetos, Investimentos e Participações, and Isolux Corsan do Brasil), one of the main players in the infrastructure sector have approved their plan of Judicial Reorganization.

The companies, heavily affected by the crisis in the infrastructure sector, have been in judicial reorganization since July 2017 and the accumulated debt is approximately BRL 550m. The plan was approved by more than 80% of the creditors after several creditors' meetings, which had been suspended since July 2018.

The decision of the creditors should be submitted to judicial approval, which should occur soon after the end of the forensic recess in February.
(versión en portugués)

Os credores do Grupo Isolux no Brasil (Corsan-Corviam, Isolux Ingenieria do Brasil, Isolux Projetos e Instalações, Isolux Projetos, Investimentos e Participações e Isolux Corsan do Brasil), um dos principais players do setor de infraestrutura, com origem em Madri, aprovaram seu plano de Recuperação Judicial.

As empresas, fortemente atingidas pela crise do setor de infraestrutura, estão em recuperação judicial desde julho de 2017 e a dívida acumulada é de aproximadamente BRL 550m. O plano foi aprovado por mais de 80% dos credores, depois de diversas assembleias de credores, que vinham sendo suspensas desde julho de 2018.

A decisão dos credores deverá ser submetida à homologação judicial, o que deverá ocorrer logo após o término do recesso forense, em fevereiro.

Intel ID 268314
Importe EUR 129,66m
Moneda de la Transacción Brazilian Real (BRL)
Tasa de Cambio:
Datos Financieros - Isolux Corsán
(31 Dic 2018)
Ingresos: -
Deuda Neta: -
Personas: 874
Fecha
País
Región
Continente
Geografía
Subsector (Clasificación antigua de sectores TTR)
Tipo
Clasificación
Fuente
Tags

Target

Nombre
verified
Subsector (Clasificación antigua de sectores TTR)
Servicios y Distribución / Consultoría, Auditoría e Ingeniería (Primario)
Inmobiliario y Construcción / Construcción, Materiales y Maquinaria
Primary Subsector (TTRSC)
35.03.03 Construction & Engineering (Non Residential)
35 Industrials / 35.03 Construction & Engineering

Secondary Subsectors (TTRSC)
35.03.02 Building Contractors
35 Industrials / 35.03 Construction & Engineering

35.03.99 Other Construction & Engineering
35 Industrials / 35.03 Construction & Engineering

35.09.03 Railway Infrastructure
35 Industrials / 35.09 Transport Infrastructure

35.09.05 Toll Bridges, Roads & Highways
35 Industrials / 35.09 Transport Infrastructure

País

Target

Nombre
verified
Subsector (Clasificación antigua de sectores TTR)
Inmobiliario y Construcción / Construcción, Materiales y Maquinaria (Primario)
Primary Subsector (TTRSC)
35.03.05 Homebuilders (Residential)
35 Industrials / 35.03 Construction & Engineering

Secondary Subsectors (TTRSC)
35.03.02 Building Contractors
35 Industrials / 35.03 Construction & Engineering

35.03.03 Construction & Engineering (Non Residential)
35 Industrials / 35.03 Construction & Engineering

35.03.04 Electrical Infrastructure Construction & Engineering
35 Industrials / 35.03 Construction & Engineering

60.01.03 Telecoms Towers & Infrastructure
60 Telecommunications / 60.01 Telecommunications & Networking Hardware

País
Descripción

Target

Nombre
verified
Subsector (Clasificación antigua de sectores TTR)
Inmobiliario y Construcción / Construcción, Materiales y Maquinaria (Primario)
Infraestructuras / Autopistas
Energía y Energías Renovables / Solar
Primary Subsector (TTRSC)
35.03.03 Construction & Engineering (Non Residential)
35 Industrials / 35.03 Construction & Engineering

Secondary Subsectors (TTRSC)
20.04.07 Renewable Energy Equipment
20 Energy & Utilities / 20.04 Renewable Energy

35.03.05 Homebuilders (Residential)
35 Industrials / 35.03 Construction & Engineering

35.09.05 Toll Bridges, Roads & Highways
35 Industrials / 35.09 Transport Infrastructure

País
Website
Descripción

Target

Nombre
verified
Subsector (Clasificación antigua de sectores TTR)
Servicios y Distribución / Consultoría, Auditoría e Ingeniería (Primario)
Servicios y Distribución / Distribución y Retail
Inmobiliario y Construcción / Construcción, Materiales y Maquinaria
Primary Subsector (TTRSC)
35.03.03 Construction & Engineering (Non Residential)
35 Industrials / 35.03 Construction & Engineering

Secondary Subsectors (TTRSC)
15.05.99 Other Distribution & Retail
15 Consumer Products & Services / 15.05 Distribution & Retail

35.03.04 Electrical Infrastructure Construction & Engineering
35 Industrials / 35.03 Construction & Engineering

35.03.99 Other Construction & Engineering
35 Industrials / 35.03 Construction & Engineering

35.07.09 Lighting, Electrical Equipment & Supplies
35 Industrials / 35.07 Manufacturing

País

Target

Nombre
verified
Subsector (Clasificación antigua de sectores TTR)
Servicios y Distribución / Consultoría, Auditoría e Ingeniería (Primario)
Inmobiliario y Construcción / Construcción, Materiales y Maquinaria
Primary Subsector (TTRSC)
35.03.03 Construction & Engineering (Non Residential)
35 Industrials / 35.03 Construction & Engineering

Secondary Subsectors (TTRSC)
15.05.99 Other Distribution & Retail
15 Consumer Products & Services / 15.05 Distribution & Retail

35.03.02 Building Contractors
35 Industrials / 35.03 Construction & Engineering

35.03.04 Electrical Infrastructure Construction & Engineering
35 Industrials / 35.03 Construction & Engineering

35.03.05 Homebuilders (Residential)
35 Industrials / 35.03 Construction & Engineering

35.07.09 Lighting, Electrical Equipment & Supplies
35 Industrials / 35.07 Manufacturing

País
Website
Descripción

Target

Nombre
verified
Subsector (Clasificación antigua de sectores TTR)
Inmobiliario y Construcción / Construcción, Materiales y Maquinaria (Primario)
Primary Subsector (TTRSC)
25.04.99 Other Financial Services
25 Financial Services / 25.04 Other Financial Services

País
Descripción

Asesoría Jurídica

Leyenda:

verified Verified: Confirmado como parte en una posible transacción.

potential Potential: No se confirma como parte en una posible transacción.

retained Retained: Confirmado como “Retained” en un mandato específico o general.

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