Radar > 220604

Värde Partners and Banco Popular could enter Grupo San José's share capital

Värde Partners y Banco Popular podrían entrar en el accionariado de Grupo San José

Intel ID : 220604
Synopsis

Grupo San José could could carry out a debt capitalization process to consummate rescue, which would imply the entrance, as shareholders, of two major creditors: Värde Partners and Banco Popular, in its share capital. The stake they would attain would be at least 25%.

Värde Partners just acquired Grupo San José's debt with Abanca. Banco Popular is a creditor since March 2014, which was when Grupo San José began to consider the possibility of capitalizing debt. (see related radar).
(content in spanish)

Grupo San José podría llevar a cabo un proceso de capitalización de deuda para consumar su rescate, que tendría como consecuencia la entrada en su accionariado de los dos principales acreedores: Värde Partners y Banco Popular. La participación que obtendrían sería de al menos el 25%.

Värde Parnets acaba de adquirir la deuda que Grupo San José tenía contraída con Abanca, mientras que Banco Popular ya era acreedor desde que Grupo San José comenzó a plantearse la posibilidad de capitalizar la deuda en marzo de 2014 (ver radar relacionado).

Bidder

Target


Intel ID 220604
Value ND
Native Currency Euro (EUR)
Financial Data - Grupo San José
(31 Dec 2023)
Revenue: EUR 1.346,23m
EBITDA: EUR 51,20m
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.99 Other Banking & Investment
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Bidder

Name
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Country
Website
Description

Target

Name
Subsector (Old TTR Sectors)
Real Estate and Construction / Construction (Materials and Machinery) (Primary)
Energy and Renewable Energies / Solar
Primary Sector (TTRSC)
35.03.03 Construction & Engineering (Non Residential)
35 Industrials / 35.03 Construction & Engineering

Secondary Sectors (TTRSC)
20.04.08 Solar Power
20 Energy & Utilities / 20.04 Renewable Energy

25.03.01 Real Estate Development & Operating Companies
25 Financial Services / 25.03 Real Estate

25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  
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Mergers & Acquisitions

Date Target Country Buyer Seller VALUE (EURm) Subsector    

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.