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  "documentTitle": "European Distressed Credit Watch List",
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      "text": "Debt / EBITDA: 12.4x",
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      "text": "Feb 2016 - Cortefiel will reportedly not go ahead with its planned IPO during 2016 due to market conditions and weaker than expected financial results.",
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      "text": "Cortefiel, S.A owns and operates a network of points of sale, direct operated, and franchised fashion retail stores in Spain and internationally.",
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      "text": "Source: Capital IQ, Debtwire, Company website",
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      "text": "C. RETAIL- CORTEFIEL SA",
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