Adevinta In Talks to Raise €6.5 Billion to Refinance Debt

February 27, 2025

Adevinta is seeking up to €6.5 billion (USD 6.8 million) in loans from to restructure and refinance its debt, according to Bloomberg.

Bloomberg cited sources saying the company wants to review its circa €4.5 billion debt.

Adevinta is under new ownership after a major acquisition by a consortium led by private equity firms Blackstone and Permira worth $13.4 billion last year.

The company may also use up to €2 billion to pay a dividend to shareholders, sources told Bloomberg.

Adevinta is currently operating without a Group CEO while it enacts major changes. Adevinta has already started decoupling major asset groups across classified marketplaces in Europe, including divesting from Distilled Media in Ireland, while the company's Spanish division is also reportedly up for sale while the Head of Digital at Adevinta Spain also left the business in January. Jordi Iserte, investment director at Adevinta's venture capital arm Adevinta Ventures has also left the business this year.

February 27, 2025
Harvey is an experienced property journalist and copywriter. He has written about the property industry since 2015, starting at The Property Franchise Group in the UK, before moving to Spain to work for Spotahome. He has blogged for the private rented sector, ghostwritten for UK property experts and written case studies for franchise owners around the UK. Harvey joined Online Marketplaces as a News Editor in 2022.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

People Roundup 28Mar
People Roundup: Aviv Group, Pisos.com, Kleinanzeigen, REA India, Anjuke

There have been several high profile C-suite moves in this week's People Roundup. We'll start in Europe...   Europe: Aviv...

Read More
Product Update 2025Mar28 1
Product and Services Roundup: Zoopla, ViewIt

This week's Product Roundup starts in the UK, where it's all about Zoopla...   UK: Zoopla's MyHome product is used...

Read More
Ten Questions With Hiizzy 2
Ten Questions with Allan Wood and Lewis Buckley, Co-Founders at Hiizzy

"In the UK, a £500,000 sale at 1% is a commission of £5,000. With Hiizzy, you will not pay more...

Read More
Nar 1 3
NAR Amends Clear Cooperation Policy After Months of Speculation

The National Association of Realtors (NAR) has amended the terms of its Clear Cooperation Policy (CCP) after months of speculation...

Read More

Editor's Pick