06/07/2016

REFINANCES

Sacyr Concesiones, along with its partner EISER Infrastructure Partners, closed the refinancing of the debt in the concession companies which operate and manage Moncloa and Plaza Elíptica Transport Hubs in Madrid for a total amount of 190 million euros.

The German investment bank Deutsche Bank coordinated and placed the operation, with the total amount of the debt being placed between a group of 5 European and American institutional investors.

This new debt represents long-term refinancing (25 years) of the bank debts for the project held by the two concession companies, which were due to mature in 2018 and 2019. The operation has benefited from the low interest rates currently found on the market.

The companies, Intercambiador de Transporte de Plaza Elíptica, S.A. and Intercambiador de Transporte de Moncloa, S.A., investees 51% by Sacyr Concesiones and 49% by Eiser Infrastructure, operate and manage the public-private concessions which were awarded by the Regional Transport Consortium of Madrid in 2005 and 2006, and which are due to expire in 2040 and 2043 respectively.

Sacyr SA published this content on 06 July 2016 and is solely responsible for the information contained herein.
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Original documenthttp://www.sacyr.com/es_en/Channel/News-Channel/news/Press-Releases/2016/Copia_de_20160226-Residuos-solidos-Ibiza.aspx

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