Banco Finantia is a Placing Agent of the new commercial paper issuance programme of the Mota-Engil Group on BME’s Alternative Fixed Income Market (MARF), with a maximum outstanding amount of €50 million.
With this new programme, Mota-Engil opens a new flexible financing channel that will allow it to carry out issuances with maturities ranging from 3 business days to 397 calendar days. The programme will be carried out through individual placements of commercial paper among eligible counterparties and professional investors over the next 12 months, in accordance with its financing needs.
Bankinter acts as the Lead Arranger of the Programme and will also act as a Placing Agent, together with Banco Finantia and BEKA Finance. VGM Advisory is Mota-Engil’s Registered Adviser on the MARF, and the issuer’s legal advice in the establishment of the programme has been provided by the law firm Vieira de Almeida & Associados – Sociedade de Advogados.
In 2018, Mota-Engil reported consolidated revenues of €2.801 billion and an EBITDA of €407 million. The company began trading on the Lisbon Stock Exchange in 1987 and is currently part of the PSI-20 index, which includes the 20 largest companies in the Portuguese market.
