AYCO Grupo Inmobiliario, S.A. announced a financing transaction

Ayco Grupo Inmobiliario SA is a Spain-based company engaged in the real estate sector. The Company specializes in the acquisition, promotion, management, lease and sale of tourist and residential properties, as well as in the construction and exploitation of urban development projects. The Company’s portfolio includes properties located in such cities as Malaga, Valencia, Madrid and Mallorca. As of December 31, 2011, the Company owned such subsidiaries as Altos del Brijan SA, Promociones Can Batliu SL, Royalquivir SA and Promociones y Alojamientos residenciales, among others, and Banco Mare Nostrum SA which was its major shareholder with 41.71% of its interest.