Gibson Dunn Advised Neinor Homes in Raising €240 Million Through Green Bond Tap Issuance and Accelerated Bookbuild
Firm News | October 28, 2025
Gibson Dunn advised Neinor Homes, the leading Spanish homebuilder, on two major capital-raising transactions: the successful tap issuance of its €325 million green bond, upsizing it by an additional €100 million, as well as an equity capital increase through an accelerated bookbuild (ABB), raising gross proceeds of €140 million.
Proceeds from the green bond tap issuance will be used for general corporate purposes, including to partially fund the voluntary tender offer for AEDAS Homes. The issuance combined with the ABB will support Neinor’s growth strategy, shareholder remuneration policy, and eligible green projects as identified in the company’s 2024 Sustainable Financing Framework.
Our team was led by partners Hugo Hernández-Mancha and Federico Fruhbeck and associate Carmen Heredia.