Abertis takes stewardship of acquisition loan debt

Abertis road in Spain 230x150
By Mike Turner
09 Apr 2019

Spain’s Abertis Infraestructuras has shifted the obligations of around €9.97bn of loans to itself from its holding company, with the toll roads group immediately paying down a sizeable portion of the debt.

Abertis is now the borrower under an €8.98bn bridge and term loan facility raised in October 2018 and a €970m five year term loan signed in December 2018.

Abertis Holdco was the initial borrower on both facilities, with the holdco acting as an acquisition vehicle for Abertis to ...

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