Martinsa Fadesa refinances EUR 4b of debt

By A staff reporter 2008-05-08T00:00:00

Spanish property group Martinsa Fadesa has signed a refinancing agreement with all its creditors to cover EUR 4bn in debt. About EUR 2.6bn relates to a loan taken by Martinsa in 2006 to acquire peer Fadesa. Another EUR 1.4bn is a short term operative loan, the property group said. The ...

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