Duro Felguera jumps as investors partially disburse loans

Duro Felguera SA

01/11/2023 08:51

** Shares in Duro Felguera  MDF.MC  jump around 8% after the
Spanish construction and engineering firm said its reference
investors disbursed 30 million euros, one third of the total
amount of loans granted to the company
    ** Investors Grupo Prodi and Mota-Engil Mexico  MOTA.LS 
signed a loan of 90 million euros to Duro Felguera in February
    ** The rest of the loan will be disbursed before Dec. 5
    ** Duro's shares soared 22% on Sept. 27, 2022 when it first
announced plans to add strategic partners
    ** If gains hold, the stock will see its best day since late
January 

 (Reporting Joao Manuel Mauricio)
 ((JoaoManuel.VicenteMauricio@thomsonreuters.com))