Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Sacyr Plans 8% Repsol Stake Sale to Refinance Debt, Europa Says

Sacyr Vallehermoso SA is close to selling an 8 percent stake in Repsol YPF SA to either China Petroleum & Chemical Corp., known as Sinopec, or to a Latin American company, Europa Press said, citing unidentified people close to the matter.

The deal, which could be closed in the next few days, would allow Sacyr to cancel about half the 4.9 billion-euro ($6.4 billion) loan that financed its 20 percent stake in the oil company, the newswire said.

Sacyr is also seeking to reach an agreement with lenders to refinance the rest of the loan, extending its payment by three years, it said.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.