Europastry closes €800 million sustainable financing agreement with banks Home Knowledge Artículos We advised BBVA, ING and other financial institutions on closing a syndicated financing agreement with Europastry NOVEMBER 18, 2021 MANUEL FOLLÍA FINANCE Cuatrecasas has advised BBVA, ING and other financial institutions on closing a syndicated financing agreement with Europastry, the Catalan frozen bakery dough company, for €800 million. The transaction incorporates sustainability criteria linked to targets for reducing CO2 emissions and saving water consumption. The loan breaks down into a €525 million refinancing of the current liability with credit institutions and €275 million to fund growth plans, with a four-year term to maturity at the end of 2025. In addition to BBVA and ING, the transaction involved CaixaBank, Sabadell, Santander, Bankinter and Banca March, as well as Dutch entities ING and Rabobank. The Cuatrecasas team handling the transaction was made up of lawyers Manuel Follía, Magda Munt and Mireia Martínez. IN THE NEWS NEWS Cementos Molins signs novation and extension of sustainable syndicated financing NOVEMBER 16, 2021 MANUEL FOLLÍA IÑIGO VÁREZ LAURA TORRECILLA FINANCE RESTRUCTURING, INSOLVENCY AND ... DEBT REFINANCING AND RESTRUCTU... LEGAL DEVELOPMENTS Portugal | Banking, Finance and Capital Markets Newsletter – 3rd Quarter 2021 NOVEMBER 10, 2021 FINANCE CAPITAL MARKETS NEWS CaixaBank grants financing to RLH Properties to build Rosewood Mandarina Hotel NOVEMBER 8, 2021 LEÓN LÓPEZ JUAN CARLOS GALICIA FINANCE HOTELS, TOURISM AND LEISURE CORPORATE AND ACQUISITION FINA... More details CASES Largest RMBS securitization fund registered in Spain to date More details First project bonds issued by Spanish company to be listed in Singapore More details Indicate your preferences to receive email alerts on specific areas of interest Let us know your interests and how often you wish to receive our legal alerts:&nbsp; Choose areas of interest © 2021 Cuatrecasas. All rights reserved. Terms of Use Privacy Policy Cookies Policy Information Security Policy Contact us We use our own cookies and third-party analytics technologies to identify your browsing habits and be able to offer our contents based on your interests, while improving your security. For more information, select "more information" to access our Cookies policy to enable or disable cookies at any time. More information Accept Settings