Blackstone closes the refinancing of Testa, the second largest owner in Spain

black stone closes the refinancing of Testa, its subsidiary in Spain with more than 10,000 apartments. The North American investment fund present in Spain since the start of the real estate crisis in 2008 has closed a agreement with Testa’s creditor bank to extend the loan signed in 2018 and which expired in 2024. With this operation, Blackstone extends the liabilities of its subsidiary by three or even five years, “subject to certain conditions being met”.

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