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Metrovacesa Secures Major Loan Deal with BBVA

Metrovacesa Secures Major Loan Deal with BBVA

Metrovacesa SA (ES:MVC) has released an update.

Confident Investing Starts Here:

Metrovacesa SA has entered into a significant financial arrangement with Banco Bilbao Vizcaya Argentaria (BBVA) involving a syndicated loan valued between 47.5 and 51.5 million euros. The loan, which carries an interest rate pegged to Euribor plus 350 basis points, is set for a 60-month term and incorporates ESG-linked KPIs that may adjust the interest rate based on the company’s performance. This strategic move reflects Metrovacesa’s efforts to optimize its financial structuring while engaging with key financial stakeholders.

For further insights into ES:MVC stock, check out TipRanks’ Stock Analysis page.

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