Izertis raises €2.7M in fourth MARF promissory note placement
What's the deal? IzertisDealroom has a profile for this one. Try Dealroom → has raised €2.7 million through its fourth issuance of promissory notes on Spain's Alternative Fixed Income Market (MARF). The company confirmed the placement to the National Securities Market Commission (CNMV) this week.
The details: The notes were issued under Izertis's current program, which carries a maximum global nominal outstanding balance of €30 million and remains valid until January 2, 2027. The instruments admitted to trading offer an internal rate of return of 3.803%.
Why now? The placement is the fourth Izertis has completed under the same program, drawing again on the MARF as a recurring source of short-term debt financing rather than a one-off raise.
The signal: Repeated placements on the MARF point to a company using debt markets steadily to fund operations, and to the venue's growing role as a financing route for mid-sized firms outside traditional bank lending.
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