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NEWS
Euro Disney agrees debt deal
POSTED 10 Jun 2004 . BY
Debt-ridden theme park operator, Euro Disney SCA, has agreed a draft deal with its principal creditors to restructure its finances.

The deal has been agreed with The Walt Disney Company, Caisse des Déspôts et Consignations and a steering committee of its other lenders.

The deal is subject to the approval of all lenders by 31 July.

Providing it is successful in achieving full approval and the subsequent restructuring, Euro Disney has said it will begin to design new rides and attractions for the Walt Disney Studios and Disneyland theme parks at the Paris resort.

Chair and chief executive, André Lacroix, said: “We are extremely pleased to have reached this very important milestone. This Memorandum of Agreement embodies the essential elements for Disneyland Resort Paris to pursue its long-term growth strategy, including capital for asset additions.”

The company has stated however that if approval is not obtained and the lenders demanded immediate repayment for money owed, Euro Disney would not be able to pay.

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Stunning designs have been revealed for Copenhagen's new Water Culture Centre, which will feature outdoor and indoor pools, waterfalls, harbour baths and sports facilities.
Bayeux Tapestry coming to Britain for first time in 950 years
The Bayeux Tapestry is set to be loaned to a British museum for the first time in nearly a millennium.
World's highest Ferris wheel to sit atop RM2.2bn FA Porsche building
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AM2.jobs - Attractions Jobs & News
Attractions Management Magazine


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NEWS
Euro Disney agrees debt deal
POSTED 10 Jun 2004 . BY
Debt-ridden theme park operator, Euro Disney SCA, has agreed a draft deal with its principal creditors to restructure its finances.

The deal has been agreed with The Walt Disney Company, Caisse des Déspôts et Consignations and a steering committee of its other lenders.

The deal is subject to the approval of all lenders by 31 July.

Providing it is successful in achieving full approval and the subsequent restructuring, Euro Disney has said it will begin to design new rides and attractions for the Walt Disney Studios and Disneyland theme parks at the Paris resort.

Chair and chief executive, André Lacroix, said: “We are extremely pleased to have reached this very important milestone. This Memorandum of Agreement embodies the essential elements for Disneyland Resort Paris to pursue its long-term growth strategy, including capital for asset additions.”

The company has stated however that if approval is not obtained and the lenders demanded immediate repayment for money owed, Euro Disney would not be able to pay.

MORE NEWS
Norwegian brewery partners with COBE to create Stavanger waterfront attraction
Danish architects COBE and Norwegian beer maker Lervig have unveiled plans for a major waterfront visitor centre and brewery in Stavanger, Norway.
Designs revealed for new aquatics centre on an artificial quay in Copenhagen’s harbour
Stunning designs have been revealed for Copenhagen's new Water Culture Centre, which will feature outdoor and indoor pools, waterfalls, harbour baths and sports facilities.
Bayeux Tapestry coming to Britain for first time in 950 years
The Bayeux Tapestry is set to be loaned to a British museum for the first time in nearly a millennium.
World's highest Ferris wheel to sit atop RM2.2bn FA Porsche building
A Ferris wheel in Malaysia will become the world’s highest when it opens as part of the under-construction 78-storey M101 Skywheel in Kuala Lumpur.
More news>
LATEST JOBS
Casino Manager
Landers Recruitment
Salary: £30,000
Location: Manchester, United Kingdom
Director of Operations
WWT
Salary: £78,000 p.a.
Location: Slimbridge, Gloucestershire, United Kingdom
Head of Product Excellence
Legoland
Salary: Competitive
Location: Winter Haven, FL, United States
Customer Insights and Analytics Manager
Merlin Entertainments Group
Salary: Competitive
Location: New York, NY, United States
General Manager
Sea Life
Salary: Competitive
Location: Concord, NC, United States
Duty Manager
Madame Tussauds
Salary: Competitive
Location: Washington, DC, United States



 
 
ADVERTISE . CONTACT US

Leisure Media, Portmill House, Portmill Lane,
Hitchin, Hertfordshire SG5 1DJ Tel: +44 (0)1462 431385

©Cybertrek 2018

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
 
ATTRACTIONS MANAGEMENT
AM2
ATTRACTIONS HANDBOOK
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS

NEWS
Euro Disney agrees debt deal
POSTED 10 Jun 2004 . BY
Debt-ridden theme park operator, Euro Disney SCA, has agreed a draft deal with its principal creditors to restructure its finances.

The deal has been agreed with The Walt Disney Company, Caisse des Déspôts et Consignations and a steering committee of its other lenders.

The deal is subject to the approval of all lenders by 31 July.

Providing it is successful in achieving full approval and the subsequent restructuring, Euro Disney has said it will begin to design new rides and attractions for the Walt Disney Studios and Disneyland theme parks at the Paris resort.

Chair and chief executive, André Lacroix, said: “We are extremely pleased to have reached this very important milestone. This Memorandum of Agreement embodies the essential elements for Disneyland Resort Paris to pursue its long-term growth strategy, including capital for asset additions.”

The company has stated however that if approval is not obtained and the lenders demanded immediate repayment for money owed, Euro Disney would not be able to pay.

 


ADVERTISE . CONTACT US

Leisure Media, Portmill House, Portmill Lane,
Hitchin, Hertfordshire SG5 1DJ Tel: +44 (0)1462 431385

©Cybertrek 2018

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS