Linklaters advises on Ferrovial’s €471m euro hybrid bond buyback
Linklaters has advised Ferrovial on a tender offer in respect of its hybrid bonds, amounting to 471 million euros.
The team has been led by Federico Briano, with support from Stacey Zverev and Alvaro Albors, advised Ferrovial on a tender offer in respect of its hybrid bonds, amounting to EUR 471 million.
Ferrovial, through Ferrovial Netherlands, has finalised the repurchase of its hybrid bond to reduce its debt. The Dutch company has obtained the acceptance of 94.28% of the amount of the issue to which the offer was addressed.
The company also expressed its intention to cancel the bond once the settlement has been executed, early on 7th August.