Ontier advises bank pool on Trending Corporate deal
Ontier has advised the entire banking pool composed of Banco Santander, BBVA, October, Ebury, Abanca, Deutsche Bank, Caja Rural del Sur, Bankinter, Caja de Almendralejo, Caja Rural de Jaén, Unicaja, Caja Rural de Zamora, Convera and Castelo Capital on the financial restructuring of Trending Corporate, a Seville-based company specialized in the manufacture and distribution of cosmetic and nutricosmetic products.
The transaction involved the consensual restructuring of the company’s entire financial indebtedness, amounting to €12 million, with the aim of aligning the debt structure with the company’s business plan and reinforcing its short- and medium-term financial stability.
Legal advisors
The Ontier team advising on the transaction was led by María Luisa Tortosa Ramos, together with Laura del Barrio Aranda and Miguel Gomendio Porcel, all members of the firm’s Restructuring and Insolvency practice.
