Caixa Geral de Depósitos represents a quarter of the total debt and will have voted in favor of the recovery plan.
The creditors of Soares da Costa (SdC) approved the new version of the Special Revitalization Plan with 77% favorable votes, according to Expresso. This result means that the main creditors, including Caixa Geral de Depósitos (CGD), voted in favor of the recovery of the construction company that celebrates the centennial in 2018.
Read more (in portuguese): Construction. Creditors approve recovery of Soares da Costa