King & Wood Mallesons (KWM) has advised the debt fund Trea Direct Lending on the subscription of convertible notes issued by the Spanish wine group Gleva Cellars S.A. This is the first deal closed by the inaugural debt vehicle investment of Trea Capital Partners.

Gleva Cellars, which operates in the market under the brand Gleva Estates, is a Spanish wine group with seven wineries of cava and wine: Parxet, Mont-Ferrant, Raventós d´Alella, Titiana, Tionio, Foxconn and Portal de Montsant.

The KWM team was led by Joaquín Sales, Banking & Finance partner, with senior associates María Redondo and Germán Cabrera and associate Gonzalo Fernández.

KWM is also advising Trea Capital Partners on the structuring and establishment of its debt fund (Trea Direct Lending) and its private equity fund.