Sencorp seeks bankruptcy protection

Sencorp seeks bankruptcy protection

Debt Loans Regulation Chile

Chilean real estate developer Sencrop has filed for bankruptcy protection following a collapse in demand for commercial property over the last two years due to the pandemic and social unrest, according to local press reports.  Sencorp has determined that a court-protected restructuring is in the best interests of workers, suppliers, creditors, customers and strategic partners and will allow it to keep operating for "many more years," local business newspaper Diario Financiero reported. The compa

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