MARF today admitted to trading a new bond issue by Audax Energía for a maximum amount of 35 million euros, a 5.5% annual coupon and maturity in 2023. The uses of proceeds of this new issue will be the amortisation of the 21 million euro issue launched by Audax in 2014 – whose maturity is July 2019 – and to push ahead with the development and international expansion of the company.

This is the third time that Audax has accessed the medium and long-term bond market. In addition to this, the company runs a 50 million Euro Commercial Paper programme traded in this BME market in which PKF Attest is the Registrated Advisor.

Source: BME (see the entire post)