Linklaters acts for Barclays on Iberdrola´s €200m bonds issuance

Linklaters has acted for Barclays on the issuance of equity-linked bonds for €200 million by Iberdrola

In an operation closed in the midst of the COVID-19 pandemic, Linklaters has advised Barclays on the tap issuance by Iberdrola of €200 million zero-coupon unsecured guaranteed equity-linked bonds due 2022.

The bonds are to be consolidated and form a single series with the existing €500 million zero-coupon senior unsecured guaranteed equity-linked bonds due 2022 issued in 2015.

Linklaters Madrid office has been the bank´s legal adviser in this closed deal. Iberdrola has been one of the most active companies defying the pandemic with debt issuance.