Cunext Copper Industries S.L. is one of Europe’s leading copper wire manufacturers. The company makes copper wires, wire rods, cables, and other copper products. Its main production plant is in Cordoba and its headquarters is in Madrid.
Cunext hired Cofarco as a financial adviser for part of a €69 million without recourse factoring facility, to bring an international bank into the syndicate financing the facility.
Cofarco raised €15 million, placing the transaction with a leading metals trade finance bank.