El Corte Inglés wants to reduce debt by €2,000M

El Corte Inglés wants to reduce debt by €2,000M

 

The plan to sell the assets in question foresees to reduce banking dependence by half, and consider sales of €300 million still before this fall. El Confidencial explains that, with these resources, El Corte Inglés can repay a loan it has with institutions Santander, Goldman Sachs and Bank of America Merril Lynch.

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