Linklaters acts for lenders on €1.5bn Merlin Properties refinancing

Linklaters advised a syndicate of lenders on the €1.5 billion refinancing of Spanish real estate investment trust Merlin Propoerities’ existing debt.

The Linklaters team included Pedro de Rojas (pictured), Francisco Sainz-Trápaga and David Suárez.

Merlin Properties, which is listed on the Spanish Stock Exchange, is focused on the acquisition and management of commercial assets in the Iberian Peninsula.

Merlin Properties reported revenues of €509 million in 2018.

Ben Cook