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Spain's Ferrovial says BAA bondholders accept refinancing

Wed Jul 30, 2008 3:17am EDT

MADRID, July 30 (Reuters) - Spanish constructor Ferrovial FER.MC said 99 percent of voting BAA bondholders have accepted ther terms of its refinancing following the deadline on Tuesday.

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In a statement, Ferrovial said holders of approximately 4.3 billion pounds voted, representing 90 percent of the outstanding nominal value.

Tuesday was the deadline for bondholders to receive a sum for accepting the deal.

(Reporting by Tracy Rucinski; Editing by Judith MacInnes)
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