Recor has restructured its debt

Recor has raised funds and completed a restructuring.

Founded in 1958, Recor is one of the leading international players in the manufacture and design of original cast iron bathtubs. All its bathtubs are manufactured according to the strictest quality standards, using only class AA enamel. The company has its own facilities, which occupy an area of 18,200 m², and manufactures 4,000–5,000 bathtubs annually, exporting almost all of its production.

Oaklins’ team in Portugal advised Recor on the restructuring of its financial debt position.