GA_P advises Nueva Pescanova on its new Sustainable Promissory Notes Programme

Gómez-Acebo & Pombo has advised Nueva Pescanova on the renewal of its promissory notes programme, which on this occasion introduces the new sustainable feature. With this, the company also increases the amount from 50 to 75 million euros.

Thus, the fishing company makes its debut in the bond market with sustainable promissory notes after having published its Regulatory Framework of reference for sustainability financing// financing linked to sustainability, in line with the Group's programme, "Pescanova Blue", and a series of environmental objectives. The certification of the second party opinion has been carried out by the independent expert European Quality Assurance (EQA), an entity accredited by ENAC.

The GA_P team was led by Guillermo Guerra, partner of Mercantil and Irene Medina de Alba, associate of Banking & Capital Markets.