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amper. def

In Spain 11th January 2025

Amper invests in specialised defence fund Hyperion to reinforce 2023-2026 Strategic and Transformation Plan

Link Securities | The company announced on Thursday its investment in Hyperion, an investment fund specialising in defence, with which it is reinforcing its Strategic and Transformation Plan 2023-2026, focused on the growth of its Defence, Security and Communications business unit, and on positioning in its key markets, the digital portal Bolsamania.com reported yesterday. The Hyperion investment fund’s mission is to support the growth of key technology companies in the…

iag iberia express 2

In Spain 10th January 2025

Iberia, part of IAG, carries all-time high of over 30.7 million passengers in 2024

Alphavalue / Divacons | The Iberia group, which includes Iberia Express and Iberia Regional Air Nostrum, reached an all-time record in 2024 by carrying 30,732,745 passengers. In detail, Iberia carried 18,677,812 passengers, Iberia Express 7,687,718 and Air Nostrum 4,367,215. These figures are due to the increase in demand for both business and leisure travel, as well as the good performance of all markets, especially Latin America and the new destinations…

spain flag crisis concept 1379 4664

In Spain 10th January 2025

S&P believes Spain will miss deficit target (2.5%) for this year if no additional measures taken

The American rating agency S&P stated this Thursday that the process of adjusting the public deficit in Spain could have been ‘faster’ in light of the good economic data collected and warned of the likely failure to meet the target set for this year, at 2.5% of GDP. According to the rating agency in its 2025 forecast presentation, the Spanish public sector remains heavily indebted and has relied its fiscal…

HBX Group

Spanish economy 9th January 2025

HBX Group working on IPO

Link Securities | HBX Group, a tourism company formerly known as Hotelbeds, dedicated to the sale of hotel rooms and flats to tour operators and travel agencies, is working on its IPO, according to Expansión newspaper. The structure will prioritise the capital increase tranche (for about €700 – 750 million) over the sale of securities (for up to €500 million euros) by its shareholders, Cinven and CPPIB, as they aim…

Naturgy will be able to undo the provisions for hyperinflation and devaluation of the peso

In Spain 9th January 2025

Naturgy leads alliance to develop 30 biogas plants in Spain

Naturgy announced on Thursday the signing of a strategic alliance with Hispania Silva, a company specialized in waste valorization with extensive experience in the agri-food sector, for the construction of a minimum of 20 biogas production plants, which could reach as many as 30. The plants that are part of this alliance, which will be distributed throughout Spain and will be operational before 2030, will have the capacity to generate…

CaixaBank 1440x808 1

In Spain 8th January 2025

Caixabank prepares to launch real estate portal to take advantage of good momentum in Spanish residential sector

Link Securities | Caixabank (CABK) is preparing the launch of a real estate portal to take advantage of the peak of sales and purchases and record prices that the residential sector is experiencing in all Spanish provinces, according to Expansión newspaper. It will be a similar website to www.idealista.com for buying and renting property (new and used) but only real estate companies registered on the portal will be able to…

OHLA

In Spain 8th January 2025

OHLA capital increase approved by 90% of bondholders

Link Securities | In connection with the Consent Solicitation process addressed to the holders of the Senior Secured Notes issue (€487,266,804 Split Coupon Senior Secured Notes due 2026) of OHL Operaciones, S.A.U. (the Issuer) (ISIN: XS2356570239 / XS2356571120) for the approval of the agreements contained in the consent solicitation memorandum published by the Issuer on 2 December 2024, OHLA (OHLA) informed that on Monday the Consent Solicitation process has been…

Global debt

In Spain 8th January 2025

Spain to issue debt amounting to €278.000 million in 2025, 7.4% increase on 2024, new debt to total €60.000 million

For 2025, the Treasury plans to issue €60.000 million of net debt, which is 9% more than the €55.000 million in 2024. The increase, as assured by the Minister of Economy, Carlos Cuerpo, after the Council of Ministers, aims to “provide sufficient flexibility to respond to the disaster of the DANA” and to assist “for as long as necessary to those affected.”In gross terms, this year the Treasury will need…

se alquila

Spanish economy 7th January 2025

INE publishes indicator limiting rise in rents for first time: 2.2% for 2025

Bankinter | The National Statistics Institute (INE) has published for the first time the indicator that limits the rise in rents. It places it at 2.2% for 2025, below inflation, which reached 2.8% year-on-year in December (preliminary), and the underlying rate (2.6%). The index is defined as the minimum value between: (i) year-on-year change in the CPI; (ii) year-on-year change in the core CPI; and (iii) a third variable incorporating…