Urbas registers new €50 million promissory note program on MARF

Spain

Cuatrecasas advises Urbas Grupo Financiero on registering a promissory note program with MARF for a maximum outstanding balance of €50 million

Urbas registers new €50 million promissory note program on MARF
December 9, 2022
Cuatrecasas has advised Urbas Grupo Financiero S.A. on issuing a promissory note program in the Alternative Fixed-Income Market (MARF) of the Spanish Stock Exchanges and Markets for a maximum outstanding balance of €50 million.

The listing documentation was registered with MARF on November 25. This program will enable Urbas to diversify the source of its financing and access new investors, among other things.

The Cuatrecasas team assisting Urbas with its debut in the fixed-income markets through MARF was led by Finance partner Jaime de la Torre, with the support of lawyer Jerónimo Poza.

December 9, 2022