Barcelona Metro L9 Bond
Landmark infrastructure-backed bond carrying an expected BBB investment grade rating, backed by direct government payments from the Generalitat de Catalunya — the autonomous Government of Catalonia.
Who We Are
Audentia Capital is Malta's largest asset manager exclusively dedicated to third-party fund management under AIFMD. Founded in 2011 and supervised by the MFSA, we manage over €3.2B in assets across Malta, Luxembourg, Ireland, and Spain.
Barcelona Metro L9 Secured Bonds
Underlying Assets
FC Barcelona Nou Camp Stadium Line
Direct metro access to Europe's largest football stadium · High passenger volumes
Barcelona Airport Line (T1/T2)
Direct city centre link · 48 km fully automated line
Metro L9 – Europe's Longest Automated Line
longest underground line in Europe
stations
renowned architects designed stations
passengers per year
Ethfinance is expected to award an investment grade (BBB) rating. Final rating subject to final review.
Full rating explanationProjected Debt Service Coverage Ratio (DSCR)
Hover each bar for details — values above 1.0x indicate surplus coverage
Institutional Partners
Trusted partners supporting the issuance
* Logo placeholders shown – official partner logos can be substituted directly