Inocsa Closes Financing for Takeover Bid of Catalana Occiden

Cuatrecasas has advised Inoc, S.A. ("Inocsa”) on a financing of approximately €2.277 billion granted by a syndicate of financial institutions to meet the price payment in the framework of the voluntary takeover bid (OPA) for the remaining 37.97% stake that it does not already hold in the Catalana Occidente Group (GCO). The offer financing was fully underwritten from the outset by CaixaBank—as sole bookrunner and underwriter—and subsequently syndicated among the group’s main banks: Banco Santander, Bankinter, BBVA, and BNP Paribas (Spanish Branch).

CaixaBank and the syndicate of financial institutions were advised by Sofía Sánchez-Calero and Marta Peláez, among others.