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Esther Koplowitz closes the deal for long-term refinancing of DDG, her holding company for FCC shares

30/04/2015

Esther Koplowitz closes the deal for long-term refinancing of DDG, her holding company for FCC shares

As from today, the long-term refinancing of the debt from the company Dominum Dirección y Gestión, S.A. (DDG), a company fully owned by Ms. Esther Koplowitz, takes effect. The businesswomen maintains a significant shareholding in FCC through this company and thereby fulfils all of the conditions required for this refinancing to be fully effective, after DDG acquired the companies B1998, S.A. and Azate, S.A.

 

Esther Koplowitz closes the deal for long-term refinancing of DDG, her holding company for FCC shares

In this way, the agreement reached with Banco Bilbao Vizcaya, S.A. and Bankia, S.A. in November 2014 is fulfilled with the aforementioned, granting her a five-year term to take care of her financing. 

Dominum Dirección y Gestión, S.A. thereby consolidates its financial stability, exclusively focusing its efforts on managing its shareholding in FCC.

The refinancing of DDG's debt is the culmination of a process which began in September 2013 with the sole aim of improving and guaranteeing the Group's viability.

By means of this process, Ms. Esther Koplowitz facilitated the entry of new relevant shareholders into the FCC capital structure, significantly strengthening the Citizen Services Group.

 

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