“European companies hit by the coronavirus crisis are increasingly turning to a complex financial tool to pay suppliers, raising investor concerns around “hidden” debt.” – by Abhinav Ramnarayan and Lawrence White
Abengoa
It Didn’t Take Long: Abengoa Is Back At It (Wolf Street)
Abengoa, the Spanish green energy giant — with big entities in the US, Canada, Mexico, and other countries — famed for cooking its books with Enron-esque aplomb before collapsing in spectacular fashion a few years ago, is back in trouble.