Spain
Cuatrecasas advises Nexus Energía on registering promissory note program on MARF for maximum outstanding balance of €50 million
July 10, 2023
Cuatrecasas has advised Nexus Energía S.A. on registering a promissory note program on the Spanish Alternative Fixed-Income Market (MARF) for a maximum outstanding balance of €50 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 the Nexus Group to diversify its sources of financing and, at the same time, increase working capital in the short-to-medium-term, optimize financing costs and strengthen its potential for growth.
The Cuatrecasas team providing legal advice to Nexus in this process was led by partner Miguel Cruz (Finance) with the support of lawyers Gonzalo Terceño and María Alaminos.
July 10, 2023