Audax Renovables has increased its bond issuance on the Alternative Fixed-Income Market (MARF) by €35 million, corresponding to an initial issuance made in October 2018. According to the company’s statement to the National Securities Market Commission (CNMV), these new bonds are fungible with the previous ones, meaning they carry the same economic rights.
The increase consists of 350 unsecured senior bonds, each with a nominal value of €100,000, offering an interest rate of 5.5%, and with a maturity date set for October 10, 2023.
PKF Attest Servicios Empresariales acts as the registered advisor for this issuance, which began trading on the MARF on Wednesday. Banco de Sabadell is the payment agent, while Beka Finance and Haitong Bank have been responsible for the placement. Legal advice has been provided by J&A Garrigues.
