Abengoa Finance misses March 15 interest payment on 2021 senior notes

By Caroline Salls

Pittsburgh, March 17 – Abengoa Finance, SAU has not made the €15 million interest payment due March 15 on its €500 million of 6% senior notes due 2021, according to a notice from indenture trustee Deutsche Trust Co. Ltd.

The trustee said Abengoa Finance must make the past due interest payment before the expiration of a 30-day grace period in order to avoid a default.

Seville, Spain-based Abengoa is an industrial and technology group.

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