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Bathla Group stands down 200+ workers as $3.4bn debt threatens collapse
Guardian WorldLO·AU·2 days ago
Spanish construction firm OHLA is convening bondholders to approve a waiver after a $26 million loss in Qatar, indicating liquidity strain. The waiver requires majority support, and failure could trigger acceleration of debt. This signals credit stress in the construction sector and potential contagion to OHLA's creditors.