Viario A31 issues 10-year bonds for €47 million, the longest maturity on the market so far.  The Alternative Fixed-Income Market (MARF) has admitted to trading a €47 million bond issue launched by Viario A31, the concessionaire of the Bonete-Alicante section of the A31 highway.

The senior secured bonds have a nominal value of €100,000 per unit and a 10-year term maturing on November 24, 2024. This is MARF’s first project bond issue, with the longest maturity so far.

Cuatrecasas, Gonçalves Pereira has advised Arcano Valores, the underwriters of these shares between Spanish and foreign qualified investors. Partner Jaime de la Torre and associates Miguel Cruz, Matilde Fernández-Conde, Lucía Arranz, Rebeca Rodríguez and María Carmen Arribillaga led the team.

Cuatrecasas, Gonçalves Pereira already advised on the first issue of asset-backed bonds by MARF.