Linklaters advises Ferrovial on €650m bonds issuance

Linklaters has assisted Ferrovial with the placing of €650 million 6-year bonds at a 1.382% coupon

Ferrovial has successfully priced €650 million 6-year bonds. The issue was priced at 165 basis points over mid-swap, with a coupon of 1.382%.

According to the Spanish leading global infrastructure operator, the transaction reinforces the sound financial position of the company due to a record €5,886 million in liquidity, while taking advantage of the current market conditions with low-interest rates.

The company will use the funds in Corporate general purposes. The investment-grade rating for Ferrovial’s corporate debt has been: BBB, outlook stable.

The bonds are listed on the AIAF after the approval of the prospectus by the CNMV.

Linklaters´ team was led by Madrid office partner Federico Briano (pictured left) and included managing associate Alberto García Linera (pictured right).

Linklaters advises Ferrovial on €650m bonds issuance

Desire Vidal

iberianlawyer.com

Iberian Lawyer, is a monthly digital magazine, published by LC Publishing, available in Spanish and English. It represents the main source of information in the legal business sector in Spain and Portugal. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website www.lcpublishinggroup.com

Iberian Lawyer
Registered office: C/ Manuel Silvela, 8 - Oficinas 1 Dcha 28010 Madrid España

Copyright 2022 © All rights Reserved. Design by Origami Creative Studio

SHARE

Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram