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The latest announcement is out from Metrovacesa SA ( (ES:MVC) ).
Metrovacesa S.A. has entered into a financial derivative transaction with Banco Bilbao Vizcaya Argentaria (BBVA) to hedge interest rates, involving a nominal amount that varies between 10,950,000 euros and 39,450,000 euros. This strategic financial move, effective from June 30, 2025, to October 31, 2029, aims to manage financial risk and is accompanied by a cost of 135,000 euros. The transaction underscores Metrovacesa’s efforts to stabilize its financial operations and reflects its close financial relationship with BBVA, which holds a significant share in the company.
More about Metrovacesa SA
Metrovacesa S.A. is a prominent player in the real estate industry, focusing on the development and management of residential and commercial properties. The company operates primarily in Spain, catering to a diverse market with a range of real estate solutions.
Average Trading Volume: 27,324
Technical Sentiment Signal: Buy
Current Market Cap: €1.87B
Learn more about MVC stock on TipRanks’ Stock Analysis page.