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23.10.2025

Morais Leitão advises on the financing for the José Alvalade Stadium transformation project and refinancing of Sporting SAD debt

Morais Leitão advised the international investors on a €225,000,000 bond financing for Sporting Entertainment, a company wholly owned by Sporting SAD.

The issue is intended to finance/refinance the investment associated with the José Alvalade Stadium transformation project, finance Sporting Entertainment’s current activity and repay Sporting SAD's existing debt.

This transaction is in line with the strategic goal of making Sporting a global entertainment and lifestyle hub, while also extending the average maturity of the debt and reducing the average cost of financing.

The issue was 8.5 times oversubscribed and has been rated investment grade (BBB and BBB- by DBRS and Fitch, respectively).

Morais Leitão team was led by Maria Soares do Lago and also included Filipe Lowndes Marques and Anna Zemskaia.