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Sacyr to Name Repsol Stake Buyer This Week, Vanguardia Says

Sacyr Vallehermoso SA (SYV) will tell its creditor banks this week who will buy part of its stake in Repsol YPF SA (REP), La Vanguardia reported without citing anyone.

Sacyr will tell creditor banks who will buy the stake at a board meeting to be held on Dec. 15 so that the lenders will agree to refinance acquisition debt, the Vanguardia added.

To contact the reporter on this story: Sharon Smyth in Madrid at ssmyth2@bloomberg.net

To contact the editor responsible for this story: Andrew Blackman at ablackman@bloomberg.net

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