Uría Menéndez advises on Neinor Homes’ €325m issuance of senior secured notes
Uría Menéndez has acted as legal advisor to Neinor Homes in connection with the issuance of senior secured notes, designated as “€325,000,000 5.875% Senior Secured Notes due 2030.”
The purpose of this issuance was to refinance Neinor’s Senior Facility Agreement, originally signed in March 2023 for a maximum of €140 million, with Neinor as the borrower, several Neinor group companies as guarantors, and a group of financial institutions as original lenders and managers. Additional proceeds will be directed toward general corporate purposes, including land bank acquisitions, co-investments, and shareholder remuneration.
The Uría Menéndez team included Gabriel Núñez (partner, Capital Markets, Madrid), Agustín Capilla (partner, Litigation and Insolvency, Madrid), Isabel Aguilar (partner, Financial Regulation, Madrid), David López Pombo (partner, Tax, Madrid), Violeta Pina (counsel, Tax, Madrid), Cristina Puerta (counsel, Tax, Bilbao), José María Blanco (counsel, Litigation and Insolvency, Madrid), Miguel Ángel Buitrago (coordinating associate, Urban Planning, Madrid), Joan Andreu Cortada (managing associate, M&A, Barcelona), Ignacio Zapata (managing associate, Finance, Madrid), Manuel Suero (senior associate, Capital Markets, Madrid), Félix Fernández (senior associate, Finance, Madrid), Enrique Ruiz (associate, Financial Regulation, Madrid), Rocío Mackinlay (associate, Capital Markets, Madrid), Juan Fullana (associate, Capital Markets, Madrid), and Javier Vasallo (trainee lawyer, Capital Markets, Madrid).