Inmobiliaria Colonial’s €1 Billion Revolving Credit Facility

Cuatrecasas has advised Inmobiliaria Colonial on the deal.

Inmobiliaria Colonial signed a €1 billion credit line through a syndicated revolving credit facility. In this mortgage-backed loan, the interest rate is linked to the evolution of certain corporate sustainability parameters audited by an independent agency.

The new credit line, with two €500-million tranches and an extension option of up to two years, will inject liquidity into the company for its business over the next five years.

The banking pool was made up of different national and international financial institutions, including CaixaBank acting as the agent bank, and BBVA, BNP, Natixis, and again CaixaBank, acting as sustainability agents.

Inmobiliaria Colonial operates as a real estate company. The Company owns, manages, develops, and renovates office buildings for rent. Inmobiliaria Colonial Socimi serves customers in Europe.

The Cuatrecasas advisory team for this transaction included Finance Practice lawyers Héctor Bros (Picture), Pol Solsona and Íñigo Várez.

Involved fees earner: Héctor Bros – Cuatrecasas; Pol Solsona – Cuatrecasas; Iñigo Várez – Cuatrecasas;

Law Firms: Cuatrecasas;

Clients: Inmobiliaria Colonial;