Club Atletico de Madrid

Case Study

Club Atlético de Madrid raises funding for refinancing and growth capital

Club Atlético de Madrid is a Spanish professional football club, based in Madrid.

At a Glance

Seeking financing to strengthen its capital structure

Club Atlético de Madrid (the "Club") was seeking financing to strengthen its capital structure by refinancing short-term debt and to support its long-term growth. The Club was attracted to our flexibility, relationship focus, and ability to lead and structure large and complex financing transactions.

Relationship since 2021

Transaction details:

€125,000,000

lead in a
€300,000,000 Senior Secured Facility

“We are pleased to call PGIM a long-term partner. The team’s flexible financing capabilities and ability to structure a comprehensive funding package supported our decision to partner with PGIM.”

Mario Aragón CFO, Club Atlético de Madrid S.A.D

<p>“We are pleased to call PGIM a long-term partner. The team’s flexible financing capabilities and ability to structure a comprehensive funding package supported our decision to partner with PGIM.”</p>

The Full Story

Structuring a comprehensive funding package

Club Atlético de Madrid (the“Club”) is a Spanish professional football club based in Madrid. The Club was seeking financing to strengthen its capital structure by refinancing short-termdebt and to support its long-term growth.

Despite the continuing impact of the COVID-19 pandemic, we agreed with the Club on an innovative structure for a €300 million long-term debt solution. Led by PGIM, this financing was successfully completed in June 2021.

The Club was attracted to our flexibility, relationship focus, and ability to lead and structure large and complex financing transactions. Compared to alternative financing options available to the Club, we were able to structure the transaction to ideally suit the Club’s financing needs, including amortization flexibility and long tenor. The result is a breakthrough structure, unprecedented in the Iberian Market.

We are excited to partner with Club Atlético de Madrid, and to support their financing needs. Our investment reinforces our relationship-based approach, as well as our ability to provide a tailored financing solution.