Bankinter heads up the listing and structuring of the Mota-Engil Group promissory note programme to the volume of EUR 50 million

Bankinter is intensifying its activity as an investment bank. It recently headed up the structuring and listing of a promissory note programme on the BME alternative fixed-income market (MARF) to the value EUR 50 million for the Mota-Engil Group, SGPS, in addition to the introductory issue that the company decided to run as part of the programme.

The placement of the introductory issue was highly satisfactory as regards term, price, investor base and oversubscription and was headed up by Bankinter, along with Banco Finantia and Beka Finance SV. The Mota-Engil Group, a multi-national infrastructure management and building company and one of the 30 main European companies in the sector thus managed, in collaboration with Bankinter, to diversify its sources of short-term financing and increase its investor base.

The Bank's presence in the Portuguese market through Bankinter Portugal since 2016, when it purchased Barclays' retail business, was a decisive factor in this transaction. So much so that the Mota-Engil Group is the second Portuguese company to instruct Bankinter to launch it on a Spanish market, in this case: MARF, with a bond issue.

At the end of last year, the José de Mello Saude Group instructed Bankinter to record its promissory note programme on MARF to a volume of EUR 50 million, followed by an introductory issue. This company is a benchmark in the Portuguese hospitality sector.

Bankinter continues to strengthen the positioning of its investment banking, putting its financial solutions and its advisory skills at the service of companies and businesspeople both in Spain and in Portugal.