Comsa Corporación’s €487 Million Debt Refinancing

Cuatrecasas advised Comsa Corporación on the deal.

The Catalan construction company Comsa Corporación closed the refinancing of its bank debt for a global amount of €487 million.
This enables Comsa to restructure its long-term debt to adjust it to the forecasts under its 2021-2026 strategic plan. It also secured its long-term revolving credit lines, incorporating the CESCE guarantee for most of them.

After restructuring its financial debt, Comsa’s banking pool is now reduced to four banks: Santander, CaixaBank, Sabadell and BBVA.

The Cuatrecasas team inlcuded Héctor Bros (Picture), Pol Solsona, Magda Munt and Vidal-Joan Vicente i Martí (Corporate Finance); and Javier Sánchez and Marta Vidiella (Litigation and Arbitration). León López and Alberto de Villa Albarrán handled aspects under Mexican law.

Involved fees earner: Héctor Bros – Cuatrecasas; Alberto de Villa Albarrán – Cuatrecasas; León López – Cuatrecasas; Javier Sánchez – Cuatrecasas; Pol Solsona – Cuatrecasas; Vidal-Joan Vicente i Martí – Cuatrecasas; Marta Vidiella Sagalés – Cuatrecasas;

Law Firms: Cuatrecasas;

Clients: Comsa Corporación;

Author: Federica Tiefenthaler