TQ Eurocredit and Alpha Wave expand their alternative financing vehicle to €200 million

2025-12-10T08:00:00
Spain

Cuatrecasas advises on expanding alternative financing vehicle to €200 million through bond issuance

TQ Eurocredit and Alpha Wave expand their alternative financing vehicle to €200 million
December 10, 2025

Cuatrecasas has advised TQ Eurocredit on expanding its alternative financing vehicle—launched in July 2024—to €200 million, thus strengthening the group's capacity to finance corporate projects through bond issuance, initially subscribed by Alpha Wave Private Credit.

The expansion follows the success of the initial €84 million vehicle, TQ Eurocredit’s first financed with institutional capital, which—with a 95% investment grade—reflects the strong market demand for efficiently granted mortgage-backed bridge loans.

Through this transaction, TQ Eurocredit and Alpha Wave consolidate their alliance and mutual understanding, as well as the growth of TQ Eurocredit’s alternative financing platform, in a context where this type of financing is becoming an essential option to complement traditional sources and accelerate the development of corporate projects.

“The market continues to favor alternative financing solutions, including direct lending, bond and debenture issuances, securitizations, platforms, and hybrid structures. TQ Eurocredit’s financial strategy serves as a benchmark for other entities and SMEs. At Cuatrecasas, we provide a cross-sectoral approach (corporate, regulatory, and tax) to these types of transactions, allowing us to offer agile and secure solutions. This trajectory is strategic for the firm and consolidates our position as a key player in the financial ecosystem, supporting funds, fintech platforms, originators, and companies in their growth plans,” says Cuatrecasas Corporate Finance and Capital Markets partner Ana María Gamazo, who led the transaction together with lawyers Antonio Ridao and Paula Massagué.

December 10, 2025