MARF admits a new 25 million euro Commercial Paper Programme from AENOR

BME's Fixed Income Market, MARF, today admitted a new Commercial Paper (CP) Programme for 25 million euros from certifier AENOR Internacional. This is the first time AENOR has accessed the capital markets to raise finance and diversify its resources. The CPs to be issued under the programme will have a nominal value per unit of 100,000 euros and maturities of up to 2 years.

Beka Finance is participating as Sole Arranger and Placement Entity under the programme and it also acts as Payment Agent. VGM Advisory is the Registered Advisor in MARF.

Cazorla Abogados has provided legal advice to AENOR in the registration of the programme.

AENOR has received a long-term corporate rating of BB+ with stable trend from EthiFinance Rating.

AENOR is a professional services company that aims to contribute to the transformation of society by creating trust between organisations and people, through conformity assessment services (certification, inspection and testing), training and information.

More than 87,000 work centres around the world hold one of AENOR's certificates in fields such as Quality Management, Sustainability, Verification of Non-Financial Information, Animal Welfare, Occupational Health and Safety, Digitalisation and Compliance. AENOR is a global corporation, which already operates in 87 countries. In Spain it has 19 offices in all Spanish regions, with its own auditors. As a business group it comprises subsidiaries in Mexico, El Salvador, Dominican Republic, Peru, Ecuador, Chile, Brazil, Portugal, Italy and China.

AENOR Internacional reported a consolidated turnover in 2021 of 88.2 million euros and an EBITDA of 4.5 million euros.