Pérez-Llorca advises Edgar Suites on €180M loan
Pérez-Llorca advised Edgar Suites, a company specialised in the development and management of serviced apartments, on a €180 million bank financing agreement structured as senior debt with Crédit Agricole CIB, BNP Paribas and Société Générale. The facility matures in 2031 and will be used to refinance the company’s operating portfolio and accelerate its expansion plans across Europe.
Archers and Arsene Taxand advised Edgar Suites in France. The transaction covers ten real estate assets, seven in France and three in Spain, representing more than 800 rooms in total. Edgar Suites has set a target of reaching 4,000 rooms by 2030.
Legal advisers
The Pérez-Llorca team was led by Alejandro Osma, real estate partner, Ildefonso Arenas, banking and finance partner, and José Azqueta, tax partner. They were supported by lawyers Patricia Alonso-Lamberti, Diego Narbona, Alice Zuliani and Eduardo Castilla (real estate); Elisa Ribas de Reyna and Carmen Gallego (banking and finance), and Jesús Gutiérrez (tax).
