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Thursday, December 7, 2023

PwC advises Riba Mundo Tecnología on €21.3M sustainable loan

PwC has counselled Riba Mundo Tecnología on €21.3M sustainable loan with Sienna acting as agent of the lenders

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Riba Mundo Tecnología is a tech company with headquarters in Loriguila (Valencia, Spain), dedicated to buying and selling internationally in the B2B segment of technological equipment. In 2022 the company closed with a net turnover of €330M.

The lenders, represented by Sienna acting as Agent, have provided Riba Mundo Tecnología with a sustainable loan for a maximum amount of up to €21.3 million in order to finance the ordinary operations of the company. The interest rate is linked to the sustainability performance of the company and may vary according to certain ESG (Environmental, Social and Governance) indicators.

PwC acted as Financial and Legal advisor of Riba Mundo Tecnología on this deal with a Debt Advisory Team formed by partner Gonzalo Miranda and senior associate Côme Vigoureux and a Legal team formed by director Iván Echevarría, and senior associates Miguel Ángel Cantos and Inés Sánchez.

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