Urbas has registered a bond issuance program amounting to 200 million euros with the Alternative Fixed Income Market (MARF) to make new purchases and strengthen its growth capacity, as reported by the company specialising in sustainable infrastructure and construction, real estate development and renewable energy on Tuesday.
«With this continuous issuance mechanism, Urbas is diversifying its financing channels in the capital markets and gaining financial flexibility and agility to issue the best instrument at all times,» say sources at the company. At the same time, the listed company is going to increase its working capital, reduce its financing costs and reinforce its growth potential, which will translate into improved results and the generation of value for shareholders.
Read the full article in Spanish.
