Barcelona completes €300 million bond issue for Camp Nou works
The club announced completion of the transaction for Camp Nou works. Approval of a €510 million package had preceded it in September.
FC Barcelona announced on November 13 that it had completed a €300 million bond issue to help finish the refurbishment of Spotify Camp Nou. The club said the transaction followed approval from Spain's securities regulator, the CNMV, with Goldman Sachs acting as sole placement agent.
The announcement concerns the completion of this financing. On September 19, the general assembly approved a €510 million package: €300 million for construction and a separate €210 million component through two Media Notes issues, backed by future audiovisual revenues.
The November statement does not specify an interest rate or a revised completion date for the stadium.
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