spot_img
Saturday, March 25, 2023
spot_img

SPB advises banks on Grupo Transmisión´s debt restructuring

Squire Patton Boggs has advised a syndicate of Spanish banks and financial institutions on the debt restructuring arrangements of Grupo Transmisión and its affiliates Gecón Industrial and Transmisión Grand Prix

-

Grupo Transmisión is one of the Spanish leading groups in the manufacturing and distribution of industrial belt straps.

The transaction involved a debt restructuring proceeding and a reorganisation through a complex asset sale process.

The restructuring included that of its affiliates Gecón Industrial, a company focused on the advice, optimisation and supply of industrial material related to drive chains and cardan shafts, and Transmisión Grand Prix, which markets the group’s motorbike products.

The team was led by Madrid office finance partner Manuel Mingot, together with of counsel Ana Bohórquez and associate David Calleja.

AFI acted as financial advisor in the transaction and provided credit advisory through a monitoring report.

- Advertisement -spot_img
- Advertisement -spot_img

MOST READ NEWS

Baker advises Bacthera of 4D Pharma´s PLC site acquisition

Bacthera, a specialised contract development and manufacturing organization (CDMO), has announced that it has acquired a cGMP manufacturing site in León (Spain) from 4D...

Cogen Energía adds head of Legal

Amelia has more 20 years of national and international experience in management positions, combining in-house legal counsel departments in companies such as Banesto and...

BOSCALT Hospitality picks up Real Estate senior from DLA Piper

Adolfo Navarrete advises domestic and international companies on financing and acquisition transactions of commercial, residential, and industrial real estate assets and real estate holding...
spot_img
spot_img
spot_img
spot_img
- Advertisement -spot_img
error: