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Article: Dogi plans to repay debt in seven years.
- Article from:
- ADP News Spain
- Article date:
- September 4, 2009
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(ADPnews) - Sep 4, 2009 - Spanish textile company Dogi International Fabrics SA (MCE:DGI) offered a debt repayment plan to its creditors, daily Cinco Dias said today citing information from the court.
The company told the court in Barcelona that it could pay 80% of its debt in a period of seven years.
Dogi presented a voluntary insolvency to its creditors at the end of May having liabilities of EUR 42 million (USD 59.9m) of ...