Jones Day instructed on Isolux Corsan debt restructuring

Jones Day lawyers in Amsterdam, Madrid, Miami and Sao Paulo have teamed up to advise the lenders (excluding bondholders) to Isolux Corsan in the restructuring of a €2 billion debt.

Isolux Corsan is a global construction and engineering company headquartered in Spain. It has signed a Master Restructuring Agreement, (MRA) which includes the restructuring of the financial debt, the ownership restructuring and the injection of €200 million to facilitate the continuity of operations. 

The lenders include, amongst others, Caixabank, Santander, Bankia, Société Générale, Sabadell, Popular, Natixis, Liberbank, Instituto de Crédito Oficial -ICO-, Bankinter and Unicaja.

The Jones Day team was led by partner Javier Lopez Anton in Madrid.

Ignacio Abella