•The issue has been successfully placed with a book of more than 5 times oversubscribed among circa 100 institutional investors.
•The transaction was closed with a yield of 4.375%, which represents a lower cost than the last issuance in May.
•This issue reaffirms the market's confidence in the company's financial strength, maintaining its commitment to its rating and demonstrating active management of its balance sheet.
21st October 2025. - Abertis Infraestructuras has successfully placed today a hybrid bond issuance for 250 million euros through its vehicle in The Netherlands, Abertis Finance B.V. This issue, placed among qualified international investors, with a broad demand (5 times oversubscribed), has perpetual maturity and has been closed with a yield of 4.375%. This issuance will form part the last benchmark issued in May, with the same coupon of 4.75% but with a lower yield as a result of an issue price above par.
The funds will be used to refinance part of the existing stock of hybrids, through a simultaneous bond repurchase offer for the same amount, announced this morning and whose acceptance period for bids will close on the October 28th.
With this issuance and simultaneous repurchase offer, Abertis seeks to actively manage its hybrid bond portfolio demonstrating its commitment to its rating and the financing instrument. In addition, Abertis continues to maintain efficient management of its balance sheet demonstrating once again its ability to take advantage of the opportunities offered by the credit market to obtain attractive conditions.
25 March 2026
•Following the acquisition of a 51.2% stake in 2025, the Group -whose shareholders are ACS and Mundys- now reaches 100% ownership after reaching an agreement with minority shareholders in this strategic corridor in south-west France.
24 February 2026
•Revenue growth of 4.5%, boosted by strong traffic performance and tariff increases, while EBITDA rose by 6.2% to €4,374 million, both at comparable perimeter and exchange rates.
•In 2025, Abertis strengthened its international leadership through strategic acquisitions, including the French A63 motorway, full ownership of the Vallvidrera and Cadí tunnels in Catalonia, a 22-year extension of the Fluminense corridor concession in Brazil, and the integration in Chile of the Ruta 5 Santiago-Los Vilos motorway, awarded the previous year.
•During the year, Abertis invested close to €2 billion, including the acquisition transactions mentioned above, as well as €739 million allocated to maintenance and expansion investments. In September, Abertis’ shareholders – Grupo ACS and Mundys – injected €400 million in equity to support the company’s growth strategy and further strengthen its balance sheet.
•The Board of Directors of Abertis has today convened the General Shareholders’ Meeting, to be held on 27 March, which includes a proposal for distribution to shareholders of €602 million.