Grupo Dia refinances its debt with an agreement of 885 million: Advisors
Grupo Dia, a leading local food retailer, has secured an €885 million refinancing agreement to strengthen its capital structure and accelerate its growth plan.
This deal comes one year ahead of the current financing terms’ maturity. With the funds obtained, the company will fully repay its existing financial debt, including syndicated loans signed on December 31, 2018, outstanding bonds, and its bilateral financing facility. Additionally, the funds will cover refinancing costs and support both business expansion and working capital needs.
Furthermore, the agreement extends the company’s debt maturity to a maximum of five years while increasing liquidity levels.
Advisors
Linklaters has advised the financing entities with a team led by Francisco Sainz-Trápaga Dueñas and Ben Crosse, with the support of Javier Martínez Marfil, Piotr Hurkała and Diego Delgado Vílchez.
Pérez-Llorca has advised Grupo Dia with a team formed by Pablo González Mosqueira; Corporate partner, Ildefonso Arenas, Banking & Finance partner; Norma Peña, Tax partner; Francisco León, Corporate of counsel; Gonzalo Sánchez-Quiñones, Corporate lawyer; Carlos Mercadal, Corporate lawyer; Isabel Rodríguez, Banking & Finance lawyer; Nicolás Cuchet, Banking & Finance lawyer; Beatriz Olivares, Banking & Finance lawyer; Arturo Parellada, tax attorney; Sergi Aguilar, tax lawyer and Josep Farré, tax lawyer
