Zenon Asset Management has closed a €33 million financing transaction for a leading hospitality group in its segment in Spain.
The transaction combines the refinancing of existing debt with the expansion of one of the group’s assets, thereby strengthening its balance sheet and consolidating its leadership position in a segment supported by highly favorable structural trends.
The operation enables the group to optimize its financial structure and support its growth strategy within the context of a strongly dynamic hospitality sector in the Spanish market.
Zenon Asset Management has expressed its gratitude to the management team of the company and to all advisors involved in the process, whose collaboration was key to the successful completion of the transaction.
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