Business · Companies · 12 hrs ago
Konecta negotiates with creditors to restructure more than €1 billion in debt
Konecta is negotiating with shareholders and most of its lenders to restructure its debt.
The customer-service company has more than €1 billion in debt, including a €945 million loan due in 2029.
It says the talks aim to strengthen its finances and liquidity so it can carry out its long-term business plan.
The company is also adapting as artificial intelligence reshapes the call-center industry, while investing in digital services and technology.
One option under consideration is turning some loans into company shares.
The negotiations are still under way, and no final agreement or outcome has been announced.
Konecta has opened formal talks with shareholders and most of its lender institutions to restructure debt exceeding €1 billion.
The company says it aims to recapitalise, strengthen liquidity and support its long-term business plan.
The talks concern a financing structure that includes a €945 million Term Loan B due in 2029.
Konecta and its creditors have each appointed financial and legal advisers to handle the discussions.
The company says the restructuring will help it adapt its operations to artificial intelligence and accelerate its digital strategy.
- Who
- Konecta, its shareholders and most of its lending institutions.
- What
- They are negotiating a restructuring of more than €1 billion in debt.
- When
- Formal talks have begun; the article was published on 27 October 2026.
- Where
- Not stated.
- Why
- Konecta says it wants to recapitalise, strengthen its financial profile and liquidity, and support its business plan and digital strategy.
This story does not have two clearly opposing sides.
Shareholders and creditors contributed €150 million.
El País reported that Konecta had begun formal talks with shareholders and most of its lending institutions to restructure its debt.
- Total debt
- More than €1 billion
- Term Loan B
- €945 million, due in 2029
- Company advisers
- Houlihan Lokey and A&O Shearman
- Creditor advisers
- PJT Partners and Gibson Dunn
- Digital services growth
- Nearly 30% annually
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What people are saying
Mantenemos conversaciones constructivas relacionadas con nuestra estructura de capital con nuestros principales stakeholders, incluidos nuestros accionistas y la mayoría de las entidades financiadoras
El objetivo de la compañía es la recapitalización y reforzar su perfil financiero y su liquidez para ejecutar su plan de negocio