TQ Eurocredit and Alpha Wave Expand their Alternative Financing Vehicle to €200 million

Published on Dec 10, 2025

Cuatrecasas has advised TQ Eurocredit on expanding its alternative financing vehicle—launched in July 2024—to €200 million, thus strengthening the group's capacity to finance corporate projects through bond issuance, initially subscribed by Alpha Wave Private Credit.

The expansion follows the success of the initial €84 million vehicle, TQ Eurocredit’s first financed with institutional capital, which—with a 95% investment grade—reflects the strong market demand for efficiently granted mortgage-backed bridge loans.

Through this transaction, TQ Eurocredit and Alpha Wave consolidate their alliance and mutual understanding, as well as the growth of TQ Eurocredit’s alternative financing platform, in a context where this type of financing is becoming an essential option to complement traditional sources and accelerate the development of corporate projects.