Haya Real Estate continues its refinancing process

In the context of the refinancing alternatives ahead of the maturity of the Senior Secured Notes issued in November 2017, the Company continues proactively and diligently exploring alternatives with the objective of enhancing the capital structure and reinforcing its long-term stability.

In this respect, the Company is holding active and constructive discussions with a committee representing a majority in principal amount of the Senior Secured Notes and has reached an agreement in principle with such group which includes an extension of the Notes maturity, an increase in the Notes interest and the transfer of a minority stake in the Company’s equity. Such agreement remains subject to the execution of a binding lock-up agreement. The Company will update the market with regards to the final terms once agreed.

January 2022
Haya Real Estate, S.A.