trending Market Intelligence /marketintelligence/en/news-insights/trending/PzZu-I94aDaEcc2alpWnTQ2 content esgSubNav
In This List

Shareholders OK MERLIN Properties' €1.5B bond issue

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective

Blog

Insights Weekly: Midstream sector gains; loan growth momentum; insurance M&A on the rise


Shareholders OK MERLIN Properties' €1.5B bond issue

saidApril 6 that its annual general shareholders meeting approved the €1.5 billionbond issue, which is meant to refinance debt incurred in the of Testa Inmuebles en RentaSA.

TheSpanish group has filed a prospectus with the regulator and will initiatemarket prospection in the coming week.

Thecompany is seeking to refinance its two-year maturity bridge loan signed with10 financiers in December2015. Spanish real estate company was acquired from Sacyr SA in a€1.79 billion deal.

Thecompany's shareholders also approved a dividend payout of €60 million for 2015.