FCC signs its biggest refi of 2012

18 Jul 2012

Fomento de Construcciones y Contratas (FCC), the Spanish building firm, completed a €508m three year syndicated loan on Tuesday.

The transaction was signed with 16 banks.

Some 10% of the capital of the loan will be repaid in July 2014 and 10% in January 2015.

The new line replaces a loan maturing on July 19 and is the largest piece of refinancing the Spanish company will do this ...

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