Badia)advocats advises an Icelandic multinational about the group’s bank credit restructuring
The Spanish subsidiary of the multinational group benefits from funding centralised in the group and along with other subsidiaries ensures compliance.
Badia)advocats was chosen by the multinational to advise it and monitor the implementation of the lender Bank’s centralised guidelines.
The operation is coordinated across all subsidiaries around the world, but in each country the guarantees have to be tailored to applicable national legislation and constant feedback provided to the group’s financial managers.
