Key Developments: Abertis Infraestructuras SA (ABE.MC)

ABE.MC on Madrid SE C.A.T.S.

16.73EUR
21 Nov 2014
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Latest Key Developments (Source: Significant Developments)

Abertis declares FY 2014 interim dividend
Tuesday, 28 Oct 2014 01:19pm EDT 

Abertis Infraestructuras SA:Declares interim dividend for 2014 of 0.33 euro gross per share (0.26 euro net per share).Dividend to be paid on Nov. 4.  Full Article

Obrascon Huarte Lain SA announces sale of 5 pct of Abertis to Inmobiliaria Espacio
Wednesday, 15 Oct 2014 02:00am EDT 

Obrascon Huarte Lain SA:Announces that today (through its wholly-owned subsidiary OHL Emisiones, S.A.U.) has sold a total of 44,915,253 shares in Abertis Infraestructuras, S.A., representing 5 pct of its share capital, to Inmobiliaria Espacio, S.A. (the parent company in the Villar Mir Group).Says the total purchase price is 704,917,947 euros, equivalent to a price of 15.6944 euros per share, and the transaction is expected to be settled on Oct. 17.Says following this transaction, OHL's stake in the share capital of Abertis is now 13.925 pct and the Villar Mir Group's direct or indirect interest in Abertis remains at 18.925 pct.  Full Article

Abertis to extend concession term of its road in Brazil in exchange for new investments
Wednesday, 17 Sep 2014 08:00pm EDT 

Abertis Infraestructuras SA:Abertis, through its subsidiary controlled by Arteris, Autovias SA, has reached agreement with Sao Paulo State Transportation Regulatory Agency (ARTESP) for new capex program to increase capacity over 14 km segment of SP-318 (between km 249 and 253) for investment of 30 million euros.Works to be finished by June 2016.Autovias’ concession term will be extended by estimated six months, thus maturing in May 2019.  Full Article

Abertis Infraestructuras SA agrees to sell stake in Aeropuertos Mexicanos del Pacifico-Reuters
Wednesday, 17 Sep 2014 01:16pm EDT 

Abertis Infraestructuras SA:Spanish infrastructure group Abertis on Sept. 17 said it had agreed to sell its 33.33 percent stake in Mexico's Aeropuertos Mexicanos del Pacifico (AMP) for $222 million to Promotora Aeronautica del Pacifico-Reuters.AMP has a 17.41 percent stake in Grupo Aeroportuario del Pacifico, which operates 12 airports in the country.  Full Article

Fitch Ratings revises Abertis Infraestructuras SA's outlook to stable; affirms IDR at BBB+
Tuesday, 29 Jul 2014 12:50pm EDT 

Abertis Infraestructuras SA:Fitch Ratings has revised the outlook on Abertis Infraestructuras's Long-term Issuer Default Rating (IDR) to Stable from Negative and affirmed the IDR at BBB+.Fitch said that the rating actions reflect the view that the expected traffic stabilization on the group's Spanish network will allow Abertis to maintain its recourse leverage around the 4x mark.  Full Article

Abertis Infraestructuras finalizes placement process of 5.01 pct stake in Eutelsat Communications
Tuesday, 3 Jun 2014 03:38am EDT 

Abertis Infraestructuras SA:Finalizes placement process of 11,027,890 shares (5.01 percent stake) of Eutelsat Communications among qualified investors.UBS Limited and Barclays Bank PLC acted as joint bookrunners of placement.Net income received by Abertis from operation amounted to 275 million euros.As result, Abertis holds no stake in Eutelsat.  Full Article

Abertis subsidiary starts placement process of 5.01 pct stake in Eutelsat Communications
Monday, 2 Jun 2014 01:33pm EDT 

Abertis Infraestructuras SA:Says on June 2 its wholly owned subsidiary, Abertis Telecom Satelites SAU, started placement process of 11,027,890 shares (5.01 percent stake) of Eutelsat Communications SA among qualified investors.UBS Limited and Barclays Bank PLC act as joint bookrunners of placement.  Full Article

Abertis reaches agreement to increase its stake in Rutas del Pacifico and Autopista Central toll roads in Chile
Wednesday, 21 May 2014 02:15am EDT 

Abertis Infraestructuras SA:Reaches agreement with Capital Riesgo Global to acquire Infraestructuras Americanas, owner of 42.3 percent of Inversora de Infraestructuras SL (Invin).Transaction value 291 million euros, payable in Aug. 2019.Acquired company to include non-recourse debt of 162 million euros maturing in Dec. 2018.Acquisition gives Abertis direct and indirect control of 100 percent of Rutas del Pacifico and 50 percent of Autopista Central.These Chilean concessionaires have concession ends on 2024 and 2031, respectively and are forecast to generate EBITDA of 185 million euros in 2014.Operation expected to be completed in second half of 2014.  Full Article

Abertis reaches agreement with Atlantia to buy TowerCo
Sunday, 11 May 2014 08:00pm EDT 

Abertis Infraestructuras SA:Reaches agreement with Atlantia to buy its subsidiary TowerCo.TowerCo operates mobile telecommunications towers on Italy toll road network.Transaction has been completed for total of 94.6 million euros.Transaction to be closed in next weeks.  Full Article

Abertis gives further details on FY 2013 complementary dividend
Tuesday, 1 Apr 2014 08:35am EDT 

Abertis Infraestructuras SA:To pay complementary dividend of 0.33 euro gross per share (0.26070000 euro net per share).Dividend to be distributed on April 8.  Full Article

UPDATE 2-Spain's Abertis to list telecoms business, return cash

* Says will make up to 450 mln euros of cost savings (Adds market reaction, analyst quotes)

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