Bonds issuded by Viario A-31

Utilizamos cookies propias para realizar un seguimiento de las interacciones de los usuarios en el sitio web y la actividad general de la misma.

Si usted continúa navegando, consideramos que acepta su uso. Puede cambiar la configuración y obtener más información. Usted puede leer más en nuestra Politica De Privacidad.

Investors information

BONDS ISSUED BY THE CONCESSIONAIRE COMPANY VIARIO A-31, S.A. IN THE MARF

Last Friday, 21 November, the concessionaire company VIARIO A-31, S.A., of which GRUPO ORTIZ is a part, issued bonds in the Spanish Fixed-Income Alternative Investment Market (MARF, as it is known by its Spanish acronym).

The issuance of 47 million euros was completely paid up on the date of issue and is subject to a 10-year term, 5% interest rate and amortization via an annual coupon payment. The Nominated Advisor for the issuance is Arcano Valores, AV.

The purpose of this bond issue is to obtain new sources of financing for the concessionaire company. It is worth noting that this is the first time financing has been achieved via bonds for a concessionaire project in the MARF.

VIARIO A-31, S.A. is a concessionaire company of which GRUPO ORTIZ is a part along with another five partners. Their purpose is the construction and improvement in addition to the operation and maintenance of the 111 kilometre stretch between kilometre points 124 and 235 (Bonete-Alicante) on Spanish Highway A-31.

© 2011 Grupo Ortiz. All rights reserved