Vía Célere closes refinancing of corporate bond through syndicated green loan

2024-08-09T13:30:00
Spain

Cuatrecasas advises Vía Célere on refinancing green bond with support of Spain’s leading financial institutions

Vía Célere closes refinancing of corporate bond through syndicated green loan
August 9, 2024
Cuatrecasas has advised Vía Célere—developer specialized in developing, investing in and managing real estate assets—on refinancing its €300 million green corporate bond expiring in 2026, through a syndicated green loan led by BBVA and Santander.

This loan—in which Kutxabank, Bankinter, Unicaja and Sabadell also participated—has a term of three years, with an additional one-year extension and will provide the company with financial stability until 2028. In addition to analyzing potential new opportunities, the closing of this agreement enables Vía Célere to continue to meet its strategic plan and develop its land portfolio, one of the biggest and best positioned in the market.

The Cuatrecasas advisory team was led by lawyers Miguel Cruz Ropero, Irene Sanz Ulloa and María Alaminos (Corporate Finance) and Javier Calle (Tax).

August 9, 2024