306M Euro Equestrian Luxury Resort in Portugal Obtains Funding Agreement from Capital Corp Merchant Banking
The luxury resort, to be located in Portugal's beautiful southern region of Algarve, will have a focus on international equestrian activities and events, championship golf course, and high-class leisure activities. It will contain five-star villas and a hotel, with a Green, sustainable design and construction. The project also has active support from local and governmental authorities.
ORLANDO, Fla., April 22, 2015 /PRNewswire/ -- Capital Corp Merchant Banking is proud to be working on such an important project that has the opportunity to develop a world class luxury living resort opportunity for the Algarve region, and indeed for all of Portugal, through not only its fully-integrated leisure concept but also through its development of a competition-based equestrian center, a sport that has been proven not only to be resilient but also growing worldwide.
Portugal has been labeled as the Eurozone's new growth star as its tourism industry has prospered over the last few years and its economy has grown.
The funding structure Capital Corp Merchant Banking has devised consists of providing its client with $16M in equity funding, $90M in debenture (for an initial total of $106M) for the first phase of development. The method by which this project is to be funded is the brainchild of Mr Gilles Herard. Mr Herard is a seasoned merchant banker and has been in the banking industry for 38 years. As the head of Capital Corp Merchant Banking, Mr Herard has become a leading figure in international middle-market project financing and engineers all funding structures for projects at Capital Corp. Mr Herard has received numerous awards for his work and other contributions including being appointed to the Presidential Business Commission, Honorary Co-Chairman of the Business Advisory Council, nominated as Executive of the Year by the internationally acclaimed National Register's Who's Who, and having received the Senatorial Medal of Freedom, among many others.
About Capital Corp Merchant Banking: Capital Corp Merchant Banking offers quality Merchant Banking services for a variety of projects worldwide. Capital Corp Merchant Banking is solution-oriented and known for being the most flexible Funding Source on the Market in creating handcrafted investment structures to meet the needs of the different constituent groups in each individual transaction, including general project funding, equity funding, debt restructuring, and real estate development. For further information, please visit our website.
Photos:
http://www.prlog.org/12448257
SOURCE Capital Corp Merchant Banking
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article