Cuatrecasas advises Fluidra on its first issue of promissory notes with Marf

July 4, 2017

Issue has maximum outstanding value of €50 million

The Spanish Alternative Fixed-Income Market (“MARF”) has registered a new promissory-note program for Fluidra with a maximum outstanding value of €50 million, enabling the company to issue these short-term instruments during one year from the date of the program's registration.

It is the 17th promissory-note program registered with MARF which, this year, for the first time since its creation in 2013, has achieved an outstanding value exceeding €1 billion.

Cuatrecasas advised Fluidra through a team led by partner Ana M. Gamazo (Corporate Finance), partner socio Javier Rodríguez (Tax) and associate Juan Fernando Takano (Corporate Finance) among others.

Fluidra is the dominant company in a corporate group whose main activity is manufacturing and marketing products, accessories and machinery for swimming pools, and for irrigation, water treatment and water purification for residential, commercial and public means.


Related news