Oquendo backs buses in latest Spanish deal

The Madrid-based firm held a first close on €112m earlier this year as it heads towards its hard cap of €150m.

Spanish debt fund manager Oquendo Capital has underwritten a €20 million mezzanine financing packaged for Monbus, Spain's third largest bus operator.

The deal was financed using capital from Oquendo's second fund, which held a first close on €112 million earlier this year beyond its €100 million. The fund remains open to new commitments, and has a hard cap of €150 million.

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