Uría Menéndez advises UCI on €82m bond issue

Uría Menendez advised UCI on a €82 million contingent convertible bond (COCO) registered on the Spanish Alternative Fixed-Income Market (MARF).

Mortgage financing business UCI is a 50-50 joint-venture between Banco Santander and BNP Paribas.

Deloitte acted as UCI’s registered adviser with MARF.

The volume of new mortgage loans granted by UCI Group amounted to €709 million in 2018, up 32 per cent on the previous year.

Juan fernandez