Tuesday, May 12, 2015

Colonial became the first Spanish real estate at issue … – EntornoInteligente

Colonial became the first Spanish real issue debt / Expansion / The company controlled by Villar Mir will start Thursday a road show presentations to institutional investors or by the main European markets to open in the bond market.

The company just received a BBB- rating by Standard & amp; Poor’s, which is positive news, since it is within the investment grade.

According to sources familiar with the operation, the intention of Colonial is making a broadcast, waiting to receive feedback investors, amounting to 1,250 million euros in two tranches. Could be a 3 to 7 years or 5 to 10 years.

On April 24, he requested permission from the AGM for issuances of up to 2,000 million.

Morgan Stanley is the global coordinator and accompanying CaixaBank, Sabadell, ING, Credit Agricole and JPMorgan.

The road show starts on Thursday in London, where they will also be on Friday. Monday will go to Amsterdam and Paris and Tuesday to Germany.

This is good news for the property sector, since, as confirmed by financial sources, “will be the first one to step in Spain”. Colonial, which has shown interest in Realia, may reduce its bank debt.

Since early 2013, more than 20 Spanish companies have decided to jump to the capital market for the first time. They do not want to suffer again critical moments such as those experienced during the crisis because banks have closed the credit tap.

Information Expansion

www. entornointeligente.com

See also www.mundinews.com | www.eldiscoduro.com | www.tipsfemeninos.com | www.economia-venezuela.com | www.politica-venezuela.com | www.enlasgradas. com | www.cualquiervaina.com | www.espiasdecocina.com | www.videojuegosmania.com

Follow us on Twitterentornoi

<- AUGURE_NOTICIA_FIN ->

Also you may be interested

Alvarez set his sights on Floyd Mayweather

Guarani is heading to San Paul with the mind set in rooms

Cesc: “I think that Barca will win it all”

The league will win … the inconsistency

Javier Castilian chosen as the Latin rider of the week

Final Meeting for Rulli

Technical predict will be a very difficult semifinal series

Jeff Teague (26) stops a tsunami called Beal (34)

? The work of Pablo Laso Real Madrid is something fantastic?

LikeTweet

No comments:

Post a Comment