Uría Menéndez advises Neinor Homes on a high-yield senior-secured bond issue
November 11, 2024
Uría Menéndez has advised Neinor Homes on a high-yield senior-secured bond issue maturing in 2030 for EUR 325 million. The issue will be used to repay existing financial indebtedness and for general corporate purposes, including the acquisition of land, additional co-investments or shareholder remuneration, among others. The bonds will be listed on the Global Exchange Market of the Irish Stock Exchange (Euronext Dublin).
UM advised Neinor Homes together with Gibson Dunn, the company’s legal advisor on the matter’s English and North American aspects.
Gabriel Núñez Fernández (partner, Capital Markets) led the UM team formed by Ignacio Zapata (senior associate, Finance), Manuel Suero Roiz (senior associate, Capital Markets) and Félix Fernández Lozano (senior associate, Finance). David López Pombo (partner, Tax) and Violeta Pina Montaner (counsel, Tax) advised on the matter’s tax aspects.