Cuatrecasas, Gonçalves Pereira advises Panrico board of directors in the restructuring of its corporate debt


A team of corporate lawyers from Cuatrecasas, Gonçalves Pereira in Barcelona advised Panrico’s board of directors on the restructuring of its corporate debt signed yesterday with its creditors.

With this agreement, Panrico ends a process that started at the beginning of 2010, reducing its debt substantially, extending its loan refund dates, and strengthening its corporate structure.

The legal team included Miguel Trías, head of the Cuatrecasas, Gonçalves Pereira Barcelona office, Elena Cuatrecasas and Chus Baigorri. Ashurst and Freshfields were also involved in the deal, advising Panrico Group and the syndicated banks, respectively.