Background

  • Riofisa, company owned by Grupo Colonial, is a leading real estate developer specialized in shopping centres, which also covers a relevant activity in the areas of corporate and logistic parks, as well as residential complexes, campuses for the elderly and hotels

Process & Outcome

  • DC Advisory has advised Riofisa on its debt refinancing
  • In addition, for refinancing of interests new credit facilities has also been set up
  • Riofisa says the refinancing agreement guarantees it will remain economically viable in the medium term, allowing it to gear efforts towards running the business for selling assets in the market or to financial entities in a better moment of the market
  • The debt refinancing agreement was completed after 9 months of negotiations with main financial entities