Linklaters and A&O advise OHL on its debt restructuring

Linklaters and Allen & Overy have advised Spanish global infrastructure group Obrascón Huarte Lain (OHL) on the restructuring of its Corporate debt


The Madrid-based infrastructure group seeks to boost its long-term growth with a new balance sheet and financial structure.

This process includes the refinancing of its corporate debt, supported by its two outstanding bond issues for an amount of €593 million. With this, OHL seeks to strengthen its balance sheet and take advantage of the financial conditions offered by the market.

This comes after signing a €140 million loan and at a time when the merger with Mexican group Caabsa has been paralyzed.

JP Morgan is OHL´s financial adviser, and the group has also recently added Houlihan Lokey.

Linklaters and Allen & Overy are the law firms assisting with this debt restructuring plan.

In the picture,OHL Madrid head office in Torre Espacio.

Desire Vidal