Occidental Hoteles Managements €310 million refinancing

Overview:

• Occidental Hoteles Managements—a company that owns and operates a chain of hotels and resorts in 13 countries—has undertaken a €310 million refinancing.
• The transaction required coordination between several lenders belonging to different jurisdictions. 
• The refinancing is aimed to cancel and repay the financial debt of the borrower; and to finance the investment in leisure and hotel assets owned by any company in the Occidental Group. 

Adam Majeed - Regional editor