Clifford Chance advises a syndicate of lenders on the EUR 120 million additional financing to Cementos Molins
18 November 2021
Clifford Chance advises a syndicate of lenders on the EUR 120 million additional financing to Cementos Molins
Clifford Chance has advised a syndicate of lenders, with CaixaBank as agent bank and lead arranger, on the EUR 120 million additional financing to Cementos Molins, a manufacturer and distributor of construction materials with production plants in Spain and Latin America, amongst others.
The financing, for a total of EUR 300 millions, has been structured on a term and revolving credit facility to finance all of group debt in Spain and is linked to ESG objectives (CO2 reduction in their concrete production plants).
Clifford Chance's Global Financial Markets team advising on this transaction is led by partner José Guardo, supported by counsel Carl Fitzgerald and associate Pablo Cancelo.