CaixaBank Corporate & Investment Banking has participated in a syndicated loan structured as a Club Deal for Plaza Mayor Shopping, S.A. and Sierra Spain Málaga Holdings, S.L., both companies managed by Sonae Sierra.

The transaction consists of a €122 million mortgage-backed financing, in which CaixaBank Corporate & Investment Banking has contributed €45 million as part of the lending syndicate.

The financing is secured against the Plaza Mayor Shopping Centre, one of the leading retail and leisure destinations in the region. Opened in 2002, the asset offers 46,200 square meters of gross leasable area (GLA) and currently maintains full occupancy.

The transaction will allow the operator to refinance existing banking facilities, cover associated costs, and address additional corporate needs, including providing incremental liquidity to the borrowing entities.

This deal highlights CaixaBank Corporate & Investment Banking’s ability to support international clients in strategic real estate financing transactions, reinforcing its presence in the European #RealEstate and structured finance markets.

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