Ferrovial overhauls debt structure with Eu3.3bn loan

Spanish building and infrastructure group Grupo Ferrovial, which controls UK airport operator BAA, has signed banks into a Eu3.3bn deal which amalgamates some of the group’s existing loans. The borrower is one of the most prominent companies in Europe to join the rush of deal signings in Europe at the end of the first half of the year.

  • 01 Jul 2009

Ferrovial’s new financing structure binds together its corporate debt at the parent company level, paving the way for the group to press ahead with its merger with Cintra, the transport infrastructure company, in which it already has owns 67%.

The plan to integrate Cintra into Grupo Ferrovial required ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 4,755 19 11.75
2 Citi 4,288 14 10.60
3 Rabobank 2,633 4 6.51
4 Goldman Sachs 2,615 4 6.46
5 Barclays 2,603 8 6.43

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 83,931.01 244 12.94%
2 Bank of America Merrill Lynch 71,587.85 220 11.03%
3 Wells Fargo Securities 64,351.96 203 9.92%
4 JPMorgan 46,391.25 147 7.15%
5 Credit Suisse 37,323.31 115 5.75%