Wed 11/23/2022 10:49 AM
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Cash & Cash Equivalents Report
H1 Presentation

Spanish ferry operator Naviera Armas is evaluating several options to deal with its stretched liquidity, sources told Reorg. The company has been hit by the increased cost of fuel and some previously-implemented restrictions on its routes that connect Spain and Morocco. Naviera’s main routes connect the Canary Islands, Spain to Morocco (Sur Estrecho) as well as other Spanish holiday destinations.

Options on the table include a...
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