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Idealista Refinances €91 Million of Debt and Signs a New Loan for €25 Million

The real estate portal has closed an agreement with its banks to refinance debt amounting to 91 million euros and it has signed a new revolving loan for 25 million euros.

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This summer, the real estate portal Idealista has closed an agreement with its main creditor banks to refinance its debt amounting to 91 million euros. In addition, the company has signed a new revolving loan for an additional 25 million euros.

In this way, the company founded by the brothers Jesús and Fernando Encinar and César Oteiza has agreed to refinance the bank debt held by Idealista Internacional, the company’s holding company in Spain, which amounts to 91 million euros.

Read the full article in Spanish.

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