The issuance, sold with a 2.625% coupon, is part of a plan to issue hybrid bonds started in November.
Abertis Infraestructuras sold today €600Mn hybrid bonds among international qualified investors. The issue was oversuscripted. The bonds have a perpetual maturity and a 2.625% coupon, lower than the last issuance -which was 3.25%. The funds will be used to refinance existing debt maturities.
This is the second issuance of hybrid debt instruments, within the framework of the company's plan to issue hybrid bonds in the medium term. Last November, Abertis issued €1.25Bn hybrid bonds within this plan.