Elecnor launches commercial paper program for €300 million on Spanish Alternative Fixed-Income Market (“MARF”) with Cuatrecasas advisory service

2020-06-17T00:00:00
Spain
Elecnor launches commercial paper program for €300 million on Spanish Alternative Fixed-Income Market (“MARF”) with Cuatrecasas advisory service
Elecnor launches commercial paper program for €300 million on Spanish Alternative Fixed-Income Market (“MARF”) with Cuatrecasas advisory service
June 17, 2020

With the advisory services of Cuatrecasas, Elecnor launched a multicurrency commercial paper program of up to €300 million on MARF, with a two-year maturity. This renewal of the program will enable the company to diversify its financing alternatives in the short- and medium-term for projects in various areas: engineering, development and construction of infrastructures; renewable energies; and new technologies.

Under this program, Elecnor can have financing in euros and US dollars, optimizing the cost of financing its working assets to implement its projects in Spain and on the international markets.

The advisory team was made up by Miguel CruzRafael Mínguez and Montserrat Rodríguez.

June 17, 2020