The notes issued under the programme will be sustainability-linked, according to the SPO issued by G-Advisory on 20 January 2023 in relation to the programme, and will be linked to the achievement of sustainability performance targets associated with two performance indicators (KPIs) set in accordance with the incorporation document, which was registered with the MARF on 2 February.
The funds raised will be used to make new investments and acquisitions, as well as to finance new projects, address the various market opportunities that may arise in the future and continue to advance the company’s expansion plan, always in line with the sustainability performance targets set by GAM.
This transaction will allow GAM, among other things, to diversify its sources of financing and, at the same time, increase working capital, reduce financing costs and strengthen its growth potential. The Cuatrecasas team that provided legal support in the process was led by Miguel Cruz, a partner in the Finance practice, with the support of lawyers Gonzalo Terceño and Matías Serrano.
