We joined the MARF (Alternative Fixed Income Market) with an issue of green bonds for an amount of 10 million euros. This new bond issue, marks our company’s debut in the fixed income markets and has opened new avenues for diversifying our sources of finance, which will allow us to have more financial alternatives for investment projects.
Each bond in this issue has an individual face value of 100,000 euros and an annual fixed coupon of 4.5%. The bond term is four years and their final repayment date will be 29 July, 2025.
EBN is the Global Coordinator and Registered Advisor of MARF, Serfiex is the certifier in accordance with ICMA’s Green Bond Principless, while the company’s legal advisory is the firm Gómez-Acebo & Pombo.
|Issuer||BIODIÉSEL DE ARAGÓN, S.L|
|Objective||FINANCING GREEN INVESTMENTS|
|ADDRESSED TO||QUALIFIED AND INSTITUTIONAL INVESTORS|
|FACE VALUE PER BOND||100.000 €|
|RATE||EUR 3M (con floor 0%) + 4,5% (ACT/365)|
|COVENANTS AND WARRANTY||REGARDING ACTIVITY & RATIOS, ASSETS AND INFORMATION|