• Catalogue
  • People
  • Investors
  • Vidrala
  • Press Room
  • Contact

Access

  • Clients
  • Suppliers
  • Intranet

English

  • Español
  • Catalogue
  • People
  • Investors
  • Vidrala
  • Press Room
  • Contact

Access

  • Clients
  • Suppliers
  • Intranet
  • Twitter
  • LinkedIn
  • Youtube

Languages

  • Español
  • English
Vidrala

2021/07/26

Vidrala renews its Commercial Paper Programme on the Spanish alternative fixed-income market (“MARF”) for € 200M

Vidrala Group, leading producer of glass containers for the F&B industry, has extended its Commercial Paper Programme on the Spanish alternative fixed-income market (“MARF”) for another year for a maximum amount of €200M, which represents an increase of €50M compared to its former limit.

This way the company continues strengthening its financial soundness and diversifying its sources of financing, optimizing costs and developing a fixed-income investor base.

The company decided to extend its Commercial Paper Programme as a result of the strong market reception since its debut at this market in 2019. During the last period since september 2020, Vidrala has successfully issued over €350M in short-term promissory notes, with a pent-up demand of over €1,500M.

In fact, on the 9th of July Vidrala issued €20M in commercial paper with maturities of three, six, nine and twelve months and rates ranging 0% and -0.06%. The emission was oversubscribed 4.5 times.

In addition, within the framework of the long-term financing strategy, the company has recently extended the maturity of its syndicated revolving credit facility to September of 2025.

This credit line, amounting 180 million euros, was turned into sustainable in 2019, liaising its costs to the environmental targets of the group.

About Vidrala

Vidrala is a consumer packaging company. We produce glass containers for food & beverage products and offer a wide range of services that include logistic solutions and botting activities. Our industrial know-how, increasing geographical presence, experience in glass production and our in depth understanding of the needs and processes of our customers, make us a reliable partner for many of the biggest brands in the food & beverage sector. Vidrala’s products and services contribute to widen our customer’s vision by connecting the consumer experiences to their brands and playing a relevant role in their strategies.

Choose glass, choose Vidrala

Vidrala

Vidrala

  • Home
  • Catalogue
  • People
  • Investors
  • Vidrala
  • Press Room
  • Publications
  • Multimedia

Contact

  • Vidrala HQ
  • Aiala Vidrio
  • Crisnova Vidrio
  • Castellar Vidrio
  • Gallo Vidro
  • SB Vidros
  • Encirc UK
  • Encirc
  • Vidrala Italy

Access

  • Clients
  • Suppliers
  • Intranet

Languages

  • Español
  • English
  • Twitter
  • LinkedIn
  • Youtube
  • Disclaimer
  • Privacy policy
  • Cookies policy
  • Configure Cookies

2023 © Vidrala · All rights reserved.

Vidrala

  • Home
  • Catalogue
  • People
  • Investors
  • Vidrala
  • Press Room
  • Publications
  • Multimedia

Contact

  • Vidrala HQ
  • Aiala Vidrio
  • Crisnova Vidrio
  • Castellar Vidrio
  • Gallo Vidro
  • SB Vidros
  • Encirc UK
  • Encirc
  • Vidrala Italy

Access

  • Clients
  • Suppliers
  • Intranet

Languages

  • Español
  • English
Vidrala

Cookie settings

We use our own session and third party cookies to analyse our services and show you advertising related to your references, based on a profile drawn up from your browsing habits (e.g. pages visited).

You can accept or reject the use of cookies or obtain more information.

SettingsAccept all and continue browsing
Back

Privacy preferences centre

Your privacy

When you visit a website, it may store or retrieve information in your browser, mainly in the form of cookies. This information may be about you, your preferences or your device and is used, primarily, to make the site work as expected.

The information does not generally identify you directly, but may provide you with a more personalised web experience. As we respect your privacy, you can opt to exclude some types of cookies. You can click on the different category headings to learn more and change our default settings. However, if you block some types of cookies, your experience on the site may be affected and so may the services we can offer you.

Technical cookies

These cookies are necessary for the website to work and cannot be disabled in our systems. Generally, they are only set in response to your actions in requesting services, such as, setting your privacy preferences, logging in or completing forms. You can set your browser to block or alert you to these cookies, but some areas of the site will not work. These cookies do not store any identification information.

Analysis cookies

These cookies allow us to track and analyse user behaviour on the site, and in particular to count the number of visits and sources of traffic so that we can better assess the performance of our site and improve it.

Personalisation cookies

These cookies allow the web site to provide better functionality and personalisation, allowing the user to access the service with some general characteristics predefined according to a series of criteria in their terminal, such as the language, the type of browser through which they access the service, the regional configuration from which they access the service, etc. This category of cookies may be set by our company or by external suppliers whose services we have added to our pages. If you do not permit the use of these cookies, it is possible that some of these services will not function properly.

Advertising cookies

These cookies may include both standard advertising cookies and behavioural advertising cookies. The former are those that allow the effective management of advertising spaces based on criteria such as the content edited or the frequency with which the ads are shown. The latter are those established through our site by advertising partners. These cookies store information on the behaviour of users obtained through the continuous observation of their browsing habits, which allows the development of a specific profile to display advertising based on such behaviour patterns. If you do not permit these cookies, you will see less targeted advertising.

More information

When you click on “Save Settings” your selection of cookies will be saved. If you have not selected any options, pressing this button will be equivalent to rejecting all cookies.

Save settingsAccept all and continue browsing