IFLR1000

Real Madrid €575 million financing for Santiago Bernabéu redevelopment

24/4/2019
Financing
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€ 575 million

$ 643.935 million

Completed

24/4/2019

Overview:

  • Real Madrid has reached an agreement to borrow €575 million to finance the redevelopment of Santiago Bernabéu Stadium.
  • The loan has three tranches which expire in July 2019, July 2020 and July 2021. 
  • The financing has a fixed interest rate of 2.5% for a 30 year period. 

Laura Mendes - Researcher

Jurisdiction:

Spain

Deal type:

Financing

Practice area:

Banking

Governing law:

Spain

Industry sector:

Sport

Firm:
Clifford Chance

Party: Real Madrid (Borrower)

Lawyers: Eduardo Garcia, Luis Alonso

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