- FC Barcelona has paused a €1.5bn fundraising after baulking at the terms of the deal amid an increase in US borrowing costs.
- The deal was meant to be priced late last week, one of the people said, but negotiations with private investors stalled.
- Kroll Bond Rating Agency gave the club’s planned private placement a preliminary rating of triple B plus and a stable outlook.
- The club had previously planned to issue three equal tranches of €500mn senior notes.
- The club is seeking to refurbish Camp Nou — a top priority for Barcelona president Joan Laporta.
FC Barcelona pauses €1.5bn Camp Nou stadium financing
Spanish football club weighs up other options in wake of rise in US borrowing costs
Arash Massoudi
