PARIS, France, March 11, 2013 /CNW Telbec/ - Pursuant to a credit
facility agreement originally entered into on May 7 2006, a group of
institutions (the "Lenders") granted loans to the Spanish companies
Alteco Gestion y Promocion de Marcas, S.L and Mag-Import, S.L (the
"Borrowers"), secured against the Gecina shares which the Borrowers
Blackstone and Ivanhoé Cambridge, acting in concert, announce that they
hold, indirectly through jointly-held affiliates, a 64.7% interest in
those loans made to the Borrowers.
Blackstone is one of the world's leading investment and advisory firms.
We seek to create positive economic impact and long-term value for our
investors, the companies we invest in, the companies we advise and the
broader global economy. We do this through the commitment of our
extraordinary people and flexible capital. Our alternative asset
management businesses include the management of private equity funds,
real estate funds, hedge fund solutions, credit-focused funds and
closed-end funds. Blackstone also provides various financial advisory
services, including financial and strategic advisory, restructuring and
reorganization advisory and fund placement services. Further
information is available at www.blackstone.com. Follow us on Twitter @Blackstone.
About Ivanhoé Cambridge
Ivanhoé Cambridge is a world-class real estate company that leverages
its high-level expertise in all aspects of real estate including
investment, development, asset management and building operations.
Through its multiple subsidiaries, it holds assets in more than 20
countries valued at over Cdn$30 billion as at December 31, 2011.
Ivanhoé Cambridge is a real estate subsidiary of the Caisse de dépôt et
placement du Québec (lacaisse.com), one of Canada's leading institutional fund managers. For more
information, visit ivanhoecambridge.com.
SOURCE: Ivanhoé Cambridge
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