Cuatrecasas advised the Catalan construction company Comsa Corporación on closing 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.
Cuatrecasas assisted Comsa Corporación with its two previous financing rounds in 2013 and 2016.