Tubacex is funded at MARF
22 july 2019
General
Tubacex has announced to the National Securities and Markets Commission the issuance of bonds worth 100 million euros in the Alternative Fixed Income Market.
As of July 9, 2019, Tubacex announced to the National Securities and Markets Commission the issuance of bonds worth 100 million euros in the Alternative Fixed Income Market.
Tubacex complies, in this way, with the authorization granted on 22 May by its General Shareholders' Meeting to use this formula to finance themselves.
The pipe manufacturer signed an 30 million euro loan with the ICO 8 days ago to finance the purchase of the Nobu Group for expansion into the oil and gas market in the Middle East.