Wallbox N.V. Restructuring Plan Agreement
Wallbox N.V. has reached an agreement with creditors representing over 83% of its financial debt to implement a comprehensive restructuring plan. This plan, expected to be signed by April 8, 2026, and sanctioned by the Spanish court, aims to establish a sustainable capital structure and improve financial flexibility. Key components include extending debt maturities to December 31, 2030, with restructured loan amounts of β¬57.6 million (Term Loan A) and β¬69.1 million (Term Loan B), along with a β¬42.8 million working capital facility. The plan also involves a capital increase of β¬10.65 million, with β¬5.65 million from key shareholders and β¬5 million from the Generalitat de Catalunya through IFEM, and up to β¬12.5 million in new financing from participating banks. Interim financing of β¬11 million is also provided, with a β¬5.65 million bridge loan from shareholders convertible to equity and β¬5.35 million from banks. The restructuring is expected to align debt service with cash generation and facilitate future financing, with the company focusing on operational performance and market consolidation post-restructuring.