Cuatrecasas acts for Cilsa on Barcelona port financing

Cuatrecasas advised Cilsa on the financing of the extension of The Port of Barcelona’s Logistics Zone (ZAL).

Cilsa, the company that manages ZAL, entered into a €75 million loan agreement with the European Investment Bank (EIB) for the purposes of building new logistics and warehousing facilities.

The agreement – which had the backing of the European Fund for Strategic Investment (EFSI) – will enable the Port of Barcelona to increase its logisitics capacity by one million square metres.

The Cuatrecasas team that advised Cilsa on the financing of this transaction was led by partner Manuel Follía and associate Marc Palà.