MERLIN Properties Secures €3.75 Billion Syndicated Financing

• MERLIN Properties closed €3.75 billion in sustainable, unsecured syndicated financing with domestic and international banks to refinance corporate debt.
• The €2.25 billion term loan is available through April 30, 2027, for debt repayments and future financing needs, particularly data center development.
• A €1.5 billion revolving credit facility is linked to sustainability targets, with Banco Santander participating only in this tranche.
• The board approved Santander's €200 million participation on October 15, 2026; the bank holds approximately 24.71% of the company's share capital.
• Average financing cost is MS + 100 basis points, extending average debt maturity from 3.7 years to 5.3 years.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MERLIN Properties SOCIMI SA published the original content used to generate this news brief on November 05, 2026, and is solely responsible for the information contained therein.