•The issue has been successfully placed with a book 3.6 times oversubscribed and among more than 230 institutional investors.
•The transaction refinances part of the company's existing stock of hybrid bonds through a simultaneous buyback of hybrid bonds for the same amount as the issue.
•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.
20 November 2024. - Abertis Infraestructuras has successfully placed today an issue of hybrid bonds for 750 million euros through its vehicle in The Netherlands, Abertis Finance B.V. This issue, placed among international qualified investors, with a wide demand (3.6 times oversubscribed), has perpetual maturity and has been closed with an interest rate of 4.87%. The funds will be used to refinance part of the existing stock of hybrids, through a simultaneous bond repurchase offer (of the €1,250 million bond with call date in February 2026), announced yesterday and whose acceptance period for bids will close on the 2nd December.
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 an 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.
10 December 2024
•This partnership kicked off in 2017 with the launch of the "Rights of Way" project to promote safer and more sustainable mobility among the most vulnerable children and young people.
•Since then, the alliance has also been backing a Mexican programme designed to help girls and teenagers between 12 and 16 years old from high-poverty municipalities to access STEM education, so as to empower female talent in areas such as infrastructure and road safety.
10th December 2024.- The Abertis Foundation has been working closely with UNICEF since 2017 as part of its firm commitment to fighting one of the main ...
3 December 2024
•The celebration took place at the Círculo de Bellas Artes in Madrid and was attended by the Minister for Inclusion, Social Security and Migration, Elma Saiz; Elena Salgado, president of the Abertis Foundation; Juan Santamaría, president of Abertis; José Aljaro, CEO of Abertis; accompanied by representatives from the social, political and economic spheres who have formed part of the Abertis Foundation over its 25-year history.
Madrid, 3rd December 2024.- The Abertis Foundation celebrated its 25th anniversary with a commemorative event at the Círculo de Bellas Artes in Madrid, which was presided over by His Majesty King Felipe VI and attended ...