Audax agrees to extend the ICO guarantee to its promissory note program up to 119 million euros

MADRID, 20 May.

Audax agrees to extend the ICO guarantee to its promissory note program up to 119 million euros

MADRID, 20 May. (EUROPA PRESS) -

Audax Renovables has signed a renewal of the framework contract signed in August 2020 with the Official Credit Institute (ICO), Bolsas y Mercados Españoles Fixed Income (MARF) and Banca March with the aim of extending ICO guarantees to the promissory note program 'Audax 2022 Commercial Paper Programme', which the company has registered with the MARF.

Thus, the granting of the ICO guarantee for Audax promissory note issues now amounts to a maximum balance of 170.3 million euros and the maximum amount of the guarantee reaches 119.21 million euros.

The company has also informed that Banca March has adhered to said framework contract as payment agent, according to the communication that Audax has transferred to the National Securities Market Commission (CNMV).


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