The company disclosed more than six months ago that meeting the deadline was unlikely; now, Spanish Broadcasting System is operating under a 30-day creditor standstill after failing to repay $310 million in debt, which came due on March 1.
The company disclosed more than six months ago that meeting the deadline was unlikely; now, Spanish Broadcasting System is operating under a 30-day creditor standstill after failing to repay $310 million in debt, which came due on March 1.