•The issue has been successfully placed with a book 4 times oversubscribed among circa 200 institutional investors.
•This €500million transaction is launched with a simultaneous bond repurchase of existing hybrid bonds for the same amount, that together with the 750Mn€ issued in November 2024, completes partial refinancing of 1,250Mn€ hybrid stock of bonds.
•This issue reaffirms the market's confidence in the company's financial soundness, maintaining its commitment to its rating and demonstrating active management of its balance sheet.
14th May 2025. - Abertis Infraestructuras has successfully placed today a hybrid bond issuance for 500 million euros through its vehicle in The Netherlands, Abertis Finance B.V. This issue, placed among qualified international investors, with a wide demand (4x times oversubscribed), has perpetual maturity and has been closed with a coupon of 4.75%. The funds will be used to refinance part of the existing stock of hybrids, through a simultaneous bond repurchase offer announced this morning and whose acceptance period for bids will close on the 21st of May. This transaction completes the refinancing of the original €1,250 million hybrid bond with call date in February 2026 partially refinanced with a €750milion hybrid bond issuance in November 2024.
With this issuance and simultaneous repurchase offer, Abertis seeks to actively manage its hybrid bond portfolio demonstrating its commitment to its rating and the financing instrument. In addition, Abertis continues to maintain efficient management of its balance sheet demonstrating once again its ability to take advantage of the opportunities offered by the credit market to obtain attractive conditions.
12 November 2025
•The operator wins the tender to continue operating Autopista Fluminense with a new contract that includes an investment plan (aprox. 500 million euros over seven years) to improve mobility and a tariff adjustment as a result of the new investments, along with a 21-year extension.
•José Aljaro, CEO of Abertis, highlighted that “this operation represents a key opportunity for Abertis by extending a strategic asset and strengthening our position as a leader in Brazil, where we manage more than 3,000 kilometers of highways, a significant part of Abertis’ total network of 8,000.”
•Arteris, Abertis’ subsidiary in Brazil, has been the largest investor in the federal highway concession program in the last decade.
21 October 2025
•The issue has been successfully placed with a book of more than 5 times oversubscribed among circa 100 institutional investors.
•The transaction was closed with a yield of 4.375%, which represents a lower cost than the last issuance in May.
•This issue reaffirms the market's confidence in the company's financial strength, maintaining its commitment to its rating and demonstrating active management of its balance sheet.