Atom Hoteles Unit Secures EUR 230 Million Financing From CaixaBank
Bitget2026/10/29 17:13- Atom Hoteles Socimi subsidiary Atom Hoteles Iberia signed a EUR 230 million financing agreement with CaixaBank on October 29, 2026.
- Proceeds will refinance EUR 147.43 million of existing debt, providing EUR 82.57 million for corporate needs.
- The seven-year loan requires 80% repayment at maturity, with the remaining 20% amortized in years four through seven.
- Interest is three-month EURIBOR, floored at 0%, plus 165 basis points; full financing is hedged at 3.28% for five years.
- Financial covenants require debt-service coverage of at least 1.10 times and loan-to-value of no more than 60%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Blackstone (BX.US) injects up to $1.5 billion, providing fresh ammunition for Pfizer (PFE.US) in the weight-loss drug race
Pfizer announced on Wednesday that it has reached an agreement with Blackstone to obtain up to $1.5 billions in funding to support the development of its experimental monthly obesity treatment drug.
Bernstein Downgrades Nvidia Rating and Target Price
Google (GOOGL.US) DeepMind launches AlphaGenome 2: Capable of decoding DNA cells with nearly double the mutation identification capacity
Google DeepMind has released its AI model AlphaGenome 2, which is trained on maps of over 100 millions of cells and has nearly double the ability of its predecessor in identifying gene expression variations.
The White House did not intervene in the decision-making of Nvidia's board of directors.
Crypto prices
More
