Press Release

Grupo Sampol, becomes new issuer in MARF

14 February, 2019

MARF, BME’s Fixed Income market, today admitted to trading a new bond issue by SAMPOL Ingeniería y Obras for an amount of 25 million euros. This new issue marks the Mallorcan engineering company’s debut in fixed income markets and opens up new possibilities for the diversification of its funding sources. Thus, the company will have more financial alternatives available for its ongoing national and international projects.

The individual value of each bond is 100,000 euros, issued at a fixed annual interest rate of 4.5%. Additionally, the securities will bear a variable interest linked to the compliance with Grupo SAMPOL's internationalisation plan. The term of the bonds is five years and its final redemption date will be 13 February 2024. Axesor Rating has granted SAMPOL a corporate rating of BBB- with stable outlook.

Bankia has acted as Global Coordinator and Sole-Dealer for the issue. The Registered Advisor with MARF is Analistas Financieros Internacionales (AFI), while law firm Gómez-Acebo & Pombo has advised the company on legal matters.

SAMPOL Ingeniería y Obras is a Spanish leading multinational group in engineering solutions applied to different public and private sectors. It was founded in Mallorca in 1934 and currently operates in three business areas: projection, construction and operation of energy projects, power generation plants, cogeneration, renewable energies and energy saving solutions; integral installations in hotels, airports, emblematic buildings, etc, and the development of technological solutions oriented to digitalisation.

The Group has a presence in Spain, Italy, Mexico, the Dominican Republic, Jamaica, Costa Rica, Panama and Cape Verde and over its 85 years of history it has developed international projects in 17 countries.

Grupo SAMPOL posted consolidated revenues of 142.8 million euros in 2017 and EBITDA of 20.8 million euros. It currently employs more than 1,500 staff.

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