Ashurst advises Castellana Properties on €185m refinancing of debt

 Ashurst Spain has advised Castellana Properties Socimi, S.A on the refinancing of an existing debt

AS TEAMAshurst Spain has advised Castellana Properties SOCIMI, S.A. on the refinancing of existing debt for an amount up to €185m granted by Aareal Bank AG.

The agreement will refinance the existing debt associated to the portfolio connected to medium-sized business parks; refinance the existing debt associated to Habaneras Commercial Centre; and finance the construction of the Phase II of the Pinatar Business Park (Murcia).

The team from Ashurst was led by Banking and Finance partner Jose Christian Bertram (pictured left), along with Banking and Finance associates, Manuela Sanz (pictured top right) and Rafael Serrano (pictured bottom right).