Merlin Properties Sounding Market with View to Placing Long-Term €500-Million Bond

30 September 2019 – Merlin Properties is sounding the market to potentially issue a 15-year, approximately €500-million bond. The bond would be the first for the firm with such a long duration.

The socimi is hoping to take advantage of favourable market conditions to restructure its debt. The socimi also placed bonds in 2016 and 2017, in addition to taking out a €1.55 billion loan last April, the largest of its type in Spain.

Original Story: La Vanguardia

Adaptation/Translation: Richard D. K. Turner

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