Comsa instructs Cuatrecasas on €487m debt refinancing

Cuatrecasas has advised the Catalan construction company Comsa Corporación on closing the refinancing of its bank debt for a global amount of €487 million

This enables Comsa to restructure its long-term debt to adjust it to the forecasts under its 2021-2026 strategic plan. It also secured its long-term revolving credit lines, incorporating the CESCE guarantee for most of them.

After restructuring its financial debt, Comsa’s banking pool is now reduced to four banks: Santander, CaixaBank, Sabadell and BBVA.

Cuatrecasas had already assisted Comsa Corporación with its two previous financing rounds in 2013 and 2016.

The Cuatrecasas team handling this transaction was made up of partners Héctor Bros (pictured top left), Pol Solsona (pictured top right), associate Magda Munt and junior associate Vidal-Joan Vicente i Martí (Corporate Finance); and partner Javier Sánchez (pictured bottom left) and associate Marta Vidiella (Litigation and Arbitration). Partner León López (pictured bottom right) and associate Alberto de Villa Albarrán handled aspects under Mexican Law.


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