The Mercado Alternativo de Renta Fija (MARF) has registered a new project bond issue by Solaria Casiopea with a total value of €9.2 million, aimed at refinancing the debt associated with the project finance operation for three photovoltaic power stations operated by Solaria Energia Renovable in Villamañán (Leon), Puertollano (Ciudad Real) and Macael (Almería).

The bonds issued have an annual coupon of 4.15%, payable monthly and an individual nominal value of €100,000, which will be reduced on a monthly basis until the final maturity of the bonds, on 30 September 2040.

The issue has received a BBB- rating with stable outlook from Axesor Rating.

Source: BME (see the entire post)