ID Finance Spain S.A.U. completes EUR 20 million tap of its existing Eurobond

On Friday, March 13, ID Finance Spain S.A.U. successfully issued a tap to the existing EUR 40 million Eurobond in the amount of an additional EUR 20 million. The additional notes will have the same terms as the existing security, with a maturity date in September 2028 and quarterly coupon payments at 12% p.a.

The temporary notes, representing a tap issue of EUR 20 million, will be traded under a different temporary ISIN (XS3273042328) for 40 days, after which they will be consolidated with the existing Eurobond permanent notes under the current ISIN (XS2231806394), increasing the total size to EUR 60 million.