Clifford Chance has advised on the €157 million refinancing of Hotels & Resorts Blue Sea group
Clifford Chance has advised a global investment manager on the €157 million refinancing of Hotels & Resorts Blue Sea group’s existing indebtedness.
A spokesperson fom the firm said: “Despite the effects of the pandemic on the hotel sector, investors continue to show a keen interest in this traditionally strong sector in Spain.”
Blue Sea Hotels & Resorts is a young Spanish hotel group based in Palma de Mallorca that manages a collection of hotels of different categories in Spain. The main destinations are the Canary Islands, Majorca and the Spanish coast.
The team from Clifford Chance advising on this transaction was led by by partner Eduardo García (pictured left) supported by associates Felipe Font (pictured right) and María Vispo.