COFIDES participates in the issuance of Pikolin's Bond Program with 15,8 million euros

Pikolin Group, one of the European leaders in the rest sector, has secured a 125 million Euros in funding through the issuance of a bond program, in which COFIDES has participated with 15,8 million eurosThis capital injection is essential to boost the strategic plan for organic and inorganic growth of the company, as well as its consolidation in the international arena.

The Pikolin bond issue has been structured in two tranches with maturities of five and nine years. It is important to note that this transaction is part of a €150 million sustainable bond program, listed on the Alternative Fixed Income Market (MARF) and directly linked to the company's performance in key sustainability areas.

The relationship between COFIDES and Grupo Pikolin is not new; COFIDES has been a strategic partner in the group's international expansion since 2013, supporting five previous operations in markets as diverse as Malaysia, Brazil and France.

Miguel Ángel Ladero, COFIDES Corporate Investment Director, emphasized the entity's commitment: “For COFIDES, it is a priority to support Spanish companies committed to a growth model based on sustainability.We trust that this new bond program will facilitate its international expansion, incorporating a strong focus on sustainable development.".

Pikolin Group is immersed in the implementation of an ambitious European Strategic Plan, which is already generating a positive impact on its results. This plan includes a complete transformation of the company's operational area, which has translated into a clear impact on its EBITDA. The company plans to close the 2025 financial year with a EBITDA exceeding 50 million euros, which represents significant growth compared to the 25 million euros recorded in 2022.

Headquartered in Zaragoza, Grupo Pikolin is a multinational family group dedicated to the production and sale of articles for the rest sector. It is positioned as the second largest European operator and is a leader in the Iberian and French markets. Currently, it has 10 production centers strategically distributed in Europe, Asia and South America, consolidating its global presence.