Refinancing €75m in bank debt

Financial advisor

Client: Paradores

Category: Hotels

Description: GBS Finance has co-advised in cooperation with AkertonPartners the refinancing of € 76m in bank debt to Paradores. This transaction is part of the management and business management strategy that the company was developing.

Paradores de Turismo, S.A belongs 100% to Dirección General del patrimonio Del Estado (Ministerio de Economía y Hacienda) and it is constituted by a set of 94 high-class hotels located at historical buildings.