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Saturday, March 25, 2023
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RyC advises Canadian Solar on €100m GBP on MARF

Ramón y Cajal Abogados has advised Canadian Solar on the renewal of a €100 million guaranteed green note programme on MARF

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The note program is the only one registered in the MARF guaranteed by a Canadian company listed on the NASDAQ.

Bankinter Investment acted as sole Lead Arranger of the programme and Bankinter will act as Placement Entity and Paying Agent of the “green bonds” that may be issued in accordance with the Green Financing Framework adopted by Canadian Solar and the Green Bond Principles published by the International Capital Market Association (ICMA).

In addition, VGM Advisory acts as Registered Advisor to Canadian Solar. WeirFoulds advised the company as to Canadian Law and Kirkland & Ellis as to U.S. Law.

Ramón y Cajal’s team was led by Capital Markets partner Carlos Lao, and included associates Carlos Jimeno Cacho and Jaime Signes-Costa Smith.

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