MARF has registered a commercial paper programme by Volotea for a maximum outstanding amount of €20 million. With Volotea there are now 24 companies from 11 economic sectors using the commercial paper formula to raise funding on MARF. This figure proves the depth of demand on the market and the versatility and useful features this product offers issuers.

The Sole Lead Arranger and placement entity of Volotea’s commercial paper programme is Ahorro Corporación Financiera, which also acts as the Registered Advisor on MARF for the programme. The payment agent is Banco Cooperativo.

Source: BME (see the entire post)