Deloitte Legal has advised Compañía Española de Financiación del Desarrollo, S.A., S.M.E. (COFIDES) in the provision of external support services to the recapitalisation fund for companies affected by COVID-19 in relation to the request for financing by the company Ferrallas Piera, S.L. for an amount of €4,150,000.
Ferrallas Piera will obtain a loan of €4.15 million through a participative loan of €2.09 million and an ordinary loan of €2.06 million. Crowe, as financial advisor, and Deloitte Legal, as legal advisor, have been involved in the analysis of the application of this Barcelona-based construction company.
This transaction has been led by José María Elías de Tejada and Alexandra Hernández, partner and senior associate of the Corporate team, with the participation of the Tax team (composed of partner José María Gómez Rosende and senior manager Sergio Ramirez Soto), the Competition and EU Law team (composed of director Rafael Piqueras and senior associate Mercedes Segoviano), the Labour team (composed of partner Fernando Bazán and senior associate Ricardo Gil), as well as lawyers Jorge Prada, Fernando Gónzalez and Paula Riesco, of the Corporate and Regulatory team.