Oesía registers its first promissory note program on MARF

2023-07-04T17:11:00
Spain

Cuatrecasas advises Oesía on registering its first promissory note program in the MARF for a maximum outstanding balance of €30 million

Oesía registers its first promissory note program on MARF
July 4, 2023
Cuatrecasas advised Oesía Networks, S.L on registering a promissory note program on the Spanish Alternative Fixed-Income Market (MARF) for a maximum outstanding balance of €30 million.

This is the first time Oesía makes use of the fixed income markets to finance its business. The promissory notes issued in this new program will reach maturity in up to two years, and their nominal value will be €100,000. 

This transaction will allow Grupo Oesía to diversify its sources of financing and, at the same time, increase working capital, optimize costs and strengthen its potential for growth. 

The Cuatrecasas team providing legal advice to the multinational company in this process was led by Miguel Cruz, partner in the Finance area, with the support of lawyer Gonzalo Terceño.

July 4, 2023