Alantra advises OK Mobility on €430mn debt refinancing and capital structure restructuring

Jun 2026

Debt advisory - Debt refinancing

Value €430mn

Madrid – Alantra has acted as exclusive financial advisor to OK Mobility on the refinancing and restructuring of its capital structure through a €430mn financing transaction.

The transaction comprised the restructuring of approximately €300mn of existing debt facilities across a syndicate of 10 banks, together with the introduction of Cheyne Capital as a new financing partner providing €130mn of incremental capital to support the company’s next phase of growth.

OK Mobility is one of the leading car rental operators in Southern Europe, offering vehicle rental, subscription and flexible mobility solutions to both leisure and corporate customers. The company generates approximately €500mn in annual revenues and €60mn of EBITDA, supported by a diversified platform and a strong presence across key travel destinations in Europe.

The transaction represents a significant milestone for OK Mobility, aligning its financing structure with the scale and ambitions of the business while diversifying its funding sources through the introduction of a leading institutional investor.

Roberto León, Managing Partner at Alantra, said: “OK Mobility has built one of Southern Europe’s leading mobility platforms, and this refinancing provides a capital structure aligned with the company’s scale and growth ambitions. We are pleased to have supported the company in a complex process involving the coordination of 10 incumbent lenders and the introduction of new institutional capital from Cheyne Capital.”

This transaction further strengthens Alantra’s debt advisory track record in Iberia, following recent mandates including advising RE Capital on an up to €75.6mn financing for two residential development projects in Lisbon and OB Streem Group on a €655.5mn multi-tranche syndicated bond loan facility.