Friday briefing: Benfica increase bond issue for 2024-27 to €50 million
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Benfica have increased their latest bond issue covering the next three years to €50 million, according to a report from 2Playbook.
The Portuguese giants initially issued a bond of €35 million for the 2024-27 cycle early last month and it is understood they now wish to extend it.
The club will pay an annual interest rate of 5.1 per cent on the bond, and will use the new resources to repay the €35 million issue it made back in 2021, which is due to be repaid this July.
The
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