June 26th 2023.- Abertis has successfully closed today a new bond issue for an amount of 500 million euros placed among international qualified investors with an oversubscription of 4times the initial volume and maturing in January 2028. The strong demand made it possible to close financing conditions that improved the company's objectives.
The coupon of this issue, which has been set at 4.125%, will be reduced by the financial gains that the company has crystallised in its interest rate hedging plan. In this way the effective cost of the financing would be below 3%, which is a very attractive cost and well below the current market. This is an example of the Group's successful and proactive debt and financial risk management.
The funds will be used to refinance existing Abertis debt and strengthen the company's liquidity position.
With this new operation, Abertis continues to maintain the efficiency of its active management of the company's balance sheet, as well as demonstrating once again its ability to take advantage of the opportunities offered by the credit market to obtain attractive conditions.
20 January 2025
•Holding d’Infrastructures de Transport (HIT), filial de Abertis en Francia, ha ejecutado con éxito la emisión de bonos por 600 millones de euros con vencimiento en 2029, con una cartera suscrita 5 veces superior a la oferta
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 ...