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Alejandro Pena
3 stories about Alejandro Pena
Moody’s further downgrades Keter’s rating due to failed debt recycling
20.03.23
|
Golan Hazani
The moves made by the CEO of Keter Group, Alejandro Pena, including recycling a debt of 1.2 billion euros and failing to complete an IPO, led Moody's to lower Keter's credit rating for the second time in four months
Failed management and huge debts: Keter Plastic’s credit rating drops
07.11.22
|
Golan Hazani
Moody's downgraded Keter's credit rating to Caa1, after a move to recycle the company's debts led by CEO Alejandro Pena failed. The rating company notes that the high leverage and high interest rates will make it difficult to recycle the debt amounting to 1.2 billion euros
The Keter affair: Following IPO failure, Keter lays off 100 workers
03.10.22
|
Golan Hazani
When the group's American CEO, Alejandro Pena, was appointed in 2018, his main task was to guide the company to a successful Nasdaq IPO, but ultimately the IPO was canceled and now Keter’s employees are paying the price of Pena's failure