GLAS acts as Facility Agent and Security Agent on Aquaterra’s €65.5M financing

GLAS is pleased to announce its role in the successful closing of a €65.5 million financing for Aquaterra.

GLAS Spain team acted as Facility Agent and Security Agent on the transaction, working alongside a syndicate of Spanish banks and Interpath Advisory, who served as Debt Financial Advisor to Aquaterra.

This financing will support Aquaterra in accelerating the next phase of its ambitious growth strategy, with a clear vision to become Europe’s leading avocado producer.

The GLAS team is proud to have supported this transaction, which highlights our expertise in cross-border agency services and our commitment to delivering tailored solutions for clients across diverse industries.

About Aquaterra

Aquaterra is the leading Iberian avocado grower. Farming through tech enabled and sustainable agricultural practices, it’s the largest avocado grower platform in Europe. Aquaterra intends to leverage its operating platform capabilities and location based advantages to continuously grow the quality and strategic autonomy of its offer to the European market, while minimizing its environmental footprint.

About GLAS

GLAS was established in 2011 as an independent provider of institutional debt administration services. The company was originally created to provide the market a willing participant in complex loan restructuring transactions where many large institutions are reluctant to take swift and cooperative action. It offers a wide range of administration services developed specifically for the debt market.

GLAS is recognised as the premier independent, non-creditor, conflict-free provider of loan agency and bond trustee services, with excess of $700bn of assets under administration on a daily basis. For more information, contact media@glas.agency.