French toll roader HIT’s tap is a hit with 11bp concession
Holding d’Infrastructures de Transport, the consortium that bought French motorway network Sanef in 2006, found strong demand on Wednesday for a tap of its €750m bond, issued a year ago.
The deal concludes HITs refinancing of its bank debt, which it has been working on for the past few months.
Bookrunners BBVA, Santander, Société Générale and UniCredit announced the tap of the 5.75% March 2018 bond, issued by HIT Finance BV, in the morning with a size of "at
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