Audax executes its refinancing process for €359.2 million in bonds and accelerates the optimisation of its financial profile

  • Audax Renovables
  • 10/06/2026
  • Audax executes its refinancing process for €359.2 million in bonds and accelerates the optimisation of its financial profile

 

  • The transaction covers senior bonds and green notes, maturing between 2027 and 2028
  • As a result, Audax significantly reduces the volume of debt with upcoming maturities and strengthens its capital structure
  • This transaction is part of the refinancing announced by the company following the issuance of €350 million in senior bonds maturing in 2031

 

Badalona, June 10, 2026. Audax, an energy group present in nine countries, has repurchased and redeemed bonds totaling €359.2 million. The transaction allows it to significantly reduce maturities scheduled for 2027 and 2028 and to move forward in optimizing its financial structure.

The transaction is part of Audax’s active financial debt management strategy and gives continuity to the refinancing announced by the company on May 20, after it successfully completed the pricing process for a €350 million issuance of senior bonds, maturing in 2031, in the international HY market. It also represents a new step in optimizing its capital structure and financial maturity calendar.

The transaction includes a repurchase and subsequent redemption of both senior bonds and green notes. On the one hand, Audax has repurchased €294.1 million in senior bonds, maturing in December 2027, bearing annual fixed interest of 4.2%. On the other hand, the company has repurchased €2.5 million in green bonds maturing in July 2028 with a 5.8% coupon, as well as another €62.6 million in green bonds maturing in November 2028 with a 5.85% coupon. As part of this transaction, the company has fully redeemed its bond treasury stock.

This bond repurchase was completed at 100% of their nominal value, plus accrued and unpaid interest up to the settlement date. Following execution of the transaction and acquisition of the securities, these have been redeemed.

The transaction allows Audax to increase its financial flexibility to move forward in the execution of its 2026-2030 strategic plan. It will also help the Group to maintain its net financial debt/EBITDA ratio below 3.0x, in line with its publicly announced commitment.

Banca March and Goldman Sachs Bank Europe SE acted as dealer managers, whilst Banco Inversis acted as settlement agent. Furthermore, Issuer Solutions acted as information agent and J&A Garrigues acted as the company’s legal counsel.

About Audax
Audax is the energy company that helps people and businesses get the most out of their energy. We are a vertically integrated energy group that generates 100% renewable energy and supplies electricity, gas and energy efficiency solutions.

Present in 9 countries with over 800 professionals, we supply electricity and gas to more than 462,000 customers and manage a portfolio of wind and solar power generation with a capacity of more than 1GW.

We are a listed company supported by strong financial results. Our business is built on three cornerstones: data-driven tailored solutions, proven financial solvency and a commitment to transparency. We are energy managers, we are bold, we transform complexity into something simple and efficient, so that our clients can focus on what really matters.