Spain
Cuatrecasas advises Record Go on registering a promissory note program on MARF for a maximum outstanding balance of €100 million
September 22, 2023
Cuatrecasas has advised Record-go Alquiler Vacacional, S.A. on registering a promissory note program on the Spanish Alternative Fixed-Income Market (MARF) for a maximum outstanding balance of €100 million.
The promissory notes issued in this new program will reach maturity in up to two years and their nominal value will be €100,000.
This transaction will allow Record Go to diversify its sources of financing and, at the same time, increase working capital, optimize costs and strengthen its potential for growth.
The Cuatrecasas team providing legal advice to Record Go in this process was led by partner Miguel Cruz (Finance) with the support of lawyers Gonzalo Terceño and María Granero.
September 22, 2023