Abertis has closed a new liability management deal with two new bond issuances of its subsidiary in France, HIT, amounting to a total of €1,000Mn. The new issuances have a maturity of 5 years (€500Mn maturing in March 2023) and 10 years (€500Mn maturing in November 2027).
Both emissions, sold among qualified international investors, have been closed with competitive interest rates.
The issue with maturity in 2023 has been closed with an interest rate of 0.625%. It is the bond issue with the lowest coupon in Group’s history. In the case of the 10-year bonds, the interest rate has been set at 1.625%.
In parallel, Abertis has successfully closed an offer to buy back bonds for €140Mn of HIT’s existing bonds maturing in 2021 with a 4.875% coupon.
Active balance sheet management
These deals allow the 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 conditions and continue creating value for its shareholders.
In the last three years, during the 2015-2017 Strategic Plan, Abertis has carried out debt refinancing operations denominated in euros for more than €4,000Mn, reducing its annual financial costs in more than 3%.
25 March 2026
•Following the acquisition of a 51.2% stake in 2025, the Group -whose shareholders are ACS and Mundys- now reaches 100% ownership after reaching an agreement with minority shareholders in this strategic corridor in south-west France.
24 February 2026
•Revenue growth of 4.5%, boosted by strong traffic performance and tariff increases, while EBITDA rose by 6.2% to €4,374 million, both at comparable perimeter and exchange rates.
•In 2025, Abertis strengthened its international leadership through strategic acquisitions, including the French A63 motorway, full ownership of the Vallvidrera and Cadí tunnels in Catalonia, a 22-year extension of the Fluminense corridor concession in Brazil, and the integration in Chile of the Ruta 5 Santiago-Los Vilos motorway, awarded the previous year.
•During the year, Abertis invested close to €2 billion, including the acquisition transactions mentioned above, as well as €739 million allocated to maintenance and expansion investments. In September, Abertis’ shareholders – Grupo ACS and Mundys – injected €400 million in equity to support the company’s growth strategy and further strengthen its balance sheet.
•The Board of Directors of Abertis has today convened the General Shareholders’ Meeting, to be held on 27 March, which includes a proposal for distribution to shareholders of €602 million.