Alantra advised Cadena Mar in the issuance of a €30m 5 year Senior Secured Bond, acting as advisor and Sole Bookrunner of the transaction

Mar 2018

Debt refinancing

Value €30 million

Alantra advised Cadena Mar in the issuance of a €30m 5 year Senior Secured Bond, where Alantra acted as advisor and Sole Bookrunner of the transaction.

The company (Cadena Mar) has gone through a corporate reorganization, with one of the shareholders buying out the others. The new Group, Tyche Group, consists of 3 five-star hotels under the unified brand of Majestic Hotels, in Punta Cana (Dominican Republic) and a project under construction of two new hotels in Playa Mujeres (Mexico).