Cuatrecasas advises Banco Santander on €45m Ercros corporate financing

Cuatrecasas has advised Banco Santander and other financial institutions on the renewal and extension of Ercros syndicated corporate financing

The Cuatrecasas’ B&F team has advised on the negotiations and conclusion of the novation and extension of syndicated corporate financing to Spanish chemical group Ercros, S.A., for a value of €45 million.

The transaction included the refinancing of two syndicated factoring agreements, with recourse and without recourse (insured by CESCE), signed with Ercros, S.A., for a value of €102 million. The financing value will be linked to the meeting of environmental, social and corporate governance objectives.

Cuatrecasas´ Banking and Financial team advising on this deal was formed by partner Manuel Follía (pictured left) along with associates Iñigo Várez (pictured top right) and Javier Vivas (pictured bottom right), all from the Barcelona office.


Cuatrecasas advises Banco Santander on €45m Ercros corporate financing

Desire Vidal

Iberian Lawyer, is a monthly digital magazine, published by LC Publishing, available in Spanish and English. It represents the main source of information in the legal business sector in Spain and Portugal. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website

Iberian Legal Group, S.L.
Registered office: C/ Ríos Rosas 44A - 2 G,H 28003 Madrid España

Copyright 2023 © All rights Reserved. Design by Origami Creative Studio


Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram