ARQUIMEA debuts on MARF with a commercial paper and a bond programme

The technology company ARQUIMEA Group today registered a 75 million euro commercial paper (CP) programme and a 100 million euro bond programme in BME's Fixed Income Market, MARF. These two new programmes mark ARQUIMEA’s debut in the fixed income market as it aims to access qualified investors to diversify its funding sources for the first time. The commercial paper program will allow to launch CP issues with maturities between 3 days and 2 years and the bond programme will allow to place medium and long term issues with fixed or variable coupons, depending on the conditions to be determined in each issue.

PKF Attest and Beka Finance act as Placement Entities in the commercial paper programme. PKF Attest will also be the Placement Entity for the bond programme and ARQUIMEA’s Registered Advisor in MARF.

J&A Garrigues has provided legal advice to the issuer in the registration of the two programmes.

Axesor Rating has given the company a long-term corporate rating of BB with stable trend.

ARQUIMEA Group specialises in the development of technology-based activities and operates globally in multiple economic sectors. In its 16 years of activity, the company has diversified its businesses and currently works in areas such as aerospace, industry in general, health and biotechnology, defense, security and critical infrastructure. Its growth is based on the development its own technology and the integration of other companies that share its same objectives and vision. It is also one of the leaders in technological sponsorship in Spain. In the last 5 years it has contributed to impulse in more than 150 projects and has mobilised over 320 million euros in R&D+i.

At the end of the fiscal year ended in March 2021, ARQUIMEA Group posted a consolidated turnover of 72 million euros and an adjusted EBITDA of 15.3 million euros. The company has more than 500 employees.