The Abertis Group successfully closed today a new liability management deal, a €600Mn bond of its subsidiary in France Holding d'Infrastructures de Transport (HIT), which controls 100% of Sanef. The bond issuance, that has been sold among international qualified investors with a vast 5x oversubscription volume, has a 9-year maturity and a 1.6% coupon, which is lower than HIT’s last issue although having a longer maturity. The funds will be used to refinance short-term debt maturities.
The issue has been carried out in a context of traffic recovery, particularly in France, the Group’s main market, where the decrease has been limited to -5,8% in August.
This is HIT's second issue and the Group's fourth this year. HIT already succeeded with a €600Mn 7-year issue in April, in the middle of the coronavirus crisis. Also Abertis Infraestructuras issued a €900Mn 9-year bond last June and a €600Mn 8-year bond in February. The Abertis Group has carried out refinancing deals for totally €2.7 Bn in 2020.
This deal allows the Abertis Group to extend its debt’s maturity profile, to deliver on its active balance sheet management strategy and to illustrate the company’s ability to finance itself at attractive condition, even in the current scenario of uncertainty due to the coronavirus crisis.
23 September 2025
•The congress, held in Hangzhou (China) from 22 to 26 September, brought together the World Network of Biosphere Reserves - including MedMAB, supported by the Abertis Foundation - to consolidate priorities, strengthen collaboration and define the Global Action Plan for the future.
•The Abertis Foundation delegation at this international event was led by its president, Elena Salgado, who spoke to explain the public-private partnership model implemented through the International Centre for Mediterranean Biosphere Reserves, a UNESCO category 2 centre.
•Throughout the congress, the spotlight was on the importance of thematic networks, such as MedMAB, in achieving the United Nations' objectives, as these networks foster inter-territorial cooperation and promote the role of reserves as living laboratories for sustainability, local economic development and the joint design of solutions that can be scaled up globally.
30 June 2025
•The 5-year issue has been successfully placed with a book 3.5 times oversubscribed among circa 150 institutional investors
•Abertis reaffirms the market's confidence in the company's financial soundness maintaining an efficient management of its balance sheet
June 30th, 2025.- Abertis successfully closed today a new bond issue for an amount of 600 million euros placed among international qualified investors with an oversubscription of 3.5 times the initial volume, with a coupon of 3.125% and maturing in 2030. The strong demand made it possible to close financing conditions that improved the company's objectives.
The funds will be ...