Cuatrecasas advises in the registration of Oesía’s first promissory notes program in the MARF for a maximum outstanding balance amounting to €30m
Cuatrecasas has advised Oesía Networks on the registration of a promissory notes program in the Mercado Alternativo de Renta Fija (MARF) for a maximum outstanding balance of 30 million euros.
The Cuatrecasas team that has legally accompanied the multinational in this process has been led by Miguel Cruz, partner of the Financial area, who has been supported by the lawyer Gonzalo Terceño.
It is the first time that Oesía accesses to the Fixed Income markets to finance its activity. The promissory notes to be issued with charge to this new program will be able to reach a maturity of up to two years and their nominal amount will be 100.000 euros.
This operation will allow Grupo Oesía, among other actions, to diversify its sources of financing and, at the same time, to increase working capital in the short-medium term, to optimize financing costs and to reinforce its growth potential.
