The firm advised Grupo Teknia on listing a fixed-income program of €40 million on the Alternative-Fixed Income Market (MARF). The transaction will enable the Spanish automotive group to list bonds over the following twelve months with fixed or variable interest rates that mature in four to seven years.

The Corporate Finance Practice team led by partner Jaime de la Torre with help from senior associate Miguel Cruz, as well as partner Carlos Ferrer and senior associate Marta Álvarez Senra, who advised on tax matters, was responsible for advising Teknia on listing the program and coordinating the different jurisdictions involved (Brazil, USA, Poland and the Czech Republic).

Teknia Manufacturing Group is a multinational family business that operates in the automotive industry as a manufacturer and provider of parts and components. Present in eight countries, in 2015 the group made consolidated sales worth €246.3 million.