Benson Elliot, GCI seal EUR 138m refinancing for Paris' Opéra Portfolio

By A staff reporter 2011-03-25T00:00:00

Private equity real estate firm Benson Elliot Capital Management (Benson Elliot) and Générale Continentale Investissements (GCI) have clinched a EUR 138 mln debt restructuring of the 36,000 m[sup]2[/sup] Opéra Portfolio in the first refinancing of securitised debt to be completed in France since the start of the credit crisis.

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